Quote of the Day: David Harsanyi

David Harsanyi published today at The Federalist:

Like many progressives, Piketty doesn’t really believe most people deserve their wealth anyway, so confiscating it presents no real moral dilemma. He also argues that we can measure a person’s productivity and the value of a worker (namely, low-skilled laborers), while at the same time he argues that other groups of workers (namely, the kind of people he doesn’t admire) are bequeathed undeserved “arbitrary” salaries. What tangible benefit does a stockbroker or a Kulak or an explanatory journalist offer society, after all?

Thomas Picketty’s book Capital in the Twenty-First Century is #1 on Amazon. It’s become a big hit among progressives, who, in Harsanyi’s words, see it as an intellectual validation for their preconceived notions about the evils of capitalism.

Posted by Nick Freiling

Founder/Director of PeopleFish. I write on technology, market research and economics. Bylines at Startup Grind, FEE, the American Enterprise Institute and the Mises Institute.

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