Warren, Sanders, and other leftists are trying to convince their followers that the economy is a zero‐sum game — that the wealthy only gain at everyone else’s expense.
Fortunes acquired through corruption and cronyism are bad; not so for fortunes acquired through work and innovation.
Sanders and Warren are right to criticize crony capitalism as a cause of wealth inequality. But their big government approaches to social policy would have the opposite effect on wealth inequality than what they may believe.
The only way to avert a dystopian high‐tax future is large spending cuts.
Trump is acting like the debt is someone else’s problem.
The farm bill is an embarrassment.