Timmy elsewhereJuly 15, 2012 Tim WorstallTimmy Elsewhere4 CommentsAt the ASI. How much equalising of incomes is enough? previousErr, nonextThis is going to bring the woo merchants out of the woodwork 4 thoughts on “Timmy elsewhere” dearieme July 15, 2012 at 12:37 pm Until the last shall be first, and the first last Surreptitious Evil July 15, 2012 at 1:03 pm Hmm. The current system works one way, therefore A strategy for reducing inequality and poverty that doesn’t raise taxes and increase benefits and services looks as if it is starting off with a massive disadvantage. It is impossible that there is a different way? How about getting more of that lower decile in to work? Oh, sod. We’re talking relative poverty again, aren’t we. Therefore there is nothing that can be done. Roue le Jour July 16, 2012 at 5:16 am The fundamental problem with wealth redistribution is that it is self-reinforcing, a vicious circle. The more you redistribute, the more you have to redistribute, and eventually your economy collapses. As any non-zero amount of equalisation eventually becomes 100%, the correct amount is zero. Alan Douglas July 16, 2012 at 7:35 am Tim that ASI article is written by Anonymous. Went there from Guido, thought it would have to be yours. Alan Douglas Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.