At the Community Y, Mr. Foxen was watching an interview with the heir to the Johnson and Johnson empire. He asked me what I thought about income distribution. I wrote a 5-page essay which I'll send to anyone who is interested. Simply email me at: dogbreath@machlink.com
In the essay, I included a joke sent to me by Ken Norman about 10 men who share the cost of beer the way the income is taxed today, several analogies including, "Should Mike and Kathy Split the Bill?", as well as a discussion of Utilitarianism and Libritarianism. I conclude using Greg Mankiw's analogy of a teacher who assigns grades based on what is earned.
This is a discussion of normative economics sure to start a fight at your next dinner party. Be sure to cite me as the source of the irascible arguement.
i agree with you.
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