
Two Must Reads
Jim Fedako
In his book, Capital and Production, Richard von Strigl clearly shows that an advanced economy exists due to two social funds: the subsistence fund and the renewal fund. Neither of which is the product of printing presses.
For those wanting to show that redistribution (i.e. soaking the rich to benefit everyone else) is an impossibility, Bertrand de Jouvenel's book, The Ethics of Redistribution, contains an appendix with a sound refutation. Of course, times and places change. Regardless, to my knowledge, the bulge in the wealth distribution curve is always to the left.
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