Income Inequality and the Buffett Rule

In his post this morning on Liberals, Conservatives, and Tax Fairness, Peter Wehner writes,

Liberals are correct about this: income inequality has increased over recent decades. The task of conservatives is to give a full and fair picture of income gaps in America, to explain what is behind it, and to point out the injustice of the left’s remedies and the degree to which their proposals represent a radical departure from America’s ideals.

I could hardly agree more, and agree that his excellent article in National Affairs, “How to Think About Inequality,” is a great place to start.

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Income Inequality and the Buffett Rule

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In Memoriam: Michael Novak, 1933-2017

Celebrating the memory and work of an intellectual giant.

On Friday, the scholar and author Michael Novak passed away at the age of 83. COMMENTARY had the privilege of publishing his work on a number of occasions. His insights over the decades represent a vital contribution to America’s intellectual heritage. Novak’s 1989 essay on the competing ideologies of the 20th Century represents a work of considered thought that spans the generations. We commend it to your attention:

Related to enterprise is the more general virtue of creativity. For personal economic enterprise is not socially sustainable unless would-be entrepreneurs are supported by a social intelligence covering many areas—law, banking and finance, governmental administration, the arts, journalism, education, scientific and industrial research, and even religion and philosophy.

Novak, an American Enterprise Institute scholar, is remembered by AEI President Arthur Brooks. We extend our condolences to the Novak family and mourn their, and our, great loss.

The American Enterprise Institute mourns the loss of our colleague, Michael Novak, who passed away this morning at the age of 83. Michael was an AEI scholar for three decades until his retirement in 2010, and remained a close friend of the Institute.