>but which are subtly geared to concentrate wealth at the top. Wealth tends to concentrate. So any action that creates wealth will also increase wealth concent

>but which are subtly geared to concentrate wealth at the top. Wealth tends to concentrate. So any action that creates wealth will also increase wealth concentration (in most cases). So unless economists, or anyone for that matter, try to construct theories that compensate for that externality, then most wealth creative theories will also have the effect of wealth concentration. >Economists core moral value is maximum efficiency, but I think overall efficiency is better at a happy medium rather than a maximum. You are talking about pareto efficiency vs pure efficiency and economists are well aware of this tradeoff. Vilfredo Pareto was himself an economist. A situation is pareto efficient when you can't make anyone better without making anyone else worse (your "happy medium"). Your claim is that "economists" don't care about pareto efficiency and only care about efficiency, which is absurd, they even defined the term. A good economist will lay out both the benefits and problems of their theory, and will propose mitigating measures for any negative externalities that it may cause.