FREE ENTERPRISE AND INCOME INEQUALITY


Cliff Asness of AQR Capital Management compares income inequality to income mobility.
DATE: 05/25/2012

Discussion Questions

1. Should government "reduce the gap" between the wealthy and the less well off? Can they? Why or why not? Who's responsibility is it?

2. Why would failure be as important as success? Can failure ever be useful? How? Are people and/or corporations "owed" some sort of bailout so they don't fail? Defend your answer.

3. Stossel and his guest argue that "we've taught dependence" in our country. What does this mean? Do you agree? Why or why not?


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