"In fact, it's quite easy to argue (and is often done) that it's substantially more valuable, to society as a whole, in the rich mans hands than in the poor man

"In fact, it's quite easy to argue (and is often done) that it's substantially more valuable, to society as a whole, in the rich mans hands than in the poor man's hands." This is a popular argument. I've never seen any reasonable proof of it. I take the argument as wishful thinking in that most with wealth agree with it and most without disagree. "Let's say I have a private medical practice and I have the choice between working fridays and getting taxed 70%, or I can have the practice closed up on Fridays so I can play golf, what would I do? What % of doctors would close up shop on Friday?" This is also a popular argument. As for doctors, my feeling is there are not enough M.D.s. The M.D. system is rigged to keep doctors in less supply (in the U.S.). It might be a good idea for doctors to make a little less and also work less and produce more doctors to make up for the shortfall. This argument is most likely unique to doctors though.