Monday, July 14, 2014

We live in an era in which voters have elected politicians who vote for programs of state intervention. People with badges and guns threaten those who prosper through exchange. Yet, lo and behold, economic inequality is still with us. But what we find is this: those who get very rich seem to be able to avoid the long arm of the law. In fact, they seem to be the beneficiaries of it. A century after the Progressive movement gained its greatest triumphs -- the Federal Reserve System, the federal income tax, and the direct election of U.S. Senators -- there is still economic inequality. The spiritual heirs of the Progressive offer a solution: more of the same.

Those of us who remain skeptical of the Progressives and their heirs propose a rollback of the power of the state.