Rich Lowry contributes a good review here of Alan Reynolds’ new book Income and Wealth.
I will have my own review out soon.
Reynolds simply demolishes the populist case that there is some crisis in the distribution of income. The result, of course, will not be that the statists will stop claiming that there is a crisis. Instead, they will just pretend that the book was never written. When that isn’t possible, red herrings will be dragged all around.
