Unequal in America

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My colleague Alan Reynolds had a very insightful essay on inequality in today’s Wall Street Journal.



One Response to “Unequal in America”

  1. Adam Allouba

    I love the argument about more immigrants meaning more inequality. I’m sure the Europeans are very proud of themselves, preventing poor foreigners from being ruthlessly employed (oops… exploited) in the EU.

    I found this article on Yahoo News and thought it might be of interest. Chalk up another victory for market economics (wonder if the BBC will pick this one up). http://story.news.yahoo.com/news?tmpl=story&cid=583&e=6&u=/nm/20050519/od_nm/china_bus_dc

    BEIJING (Reuters) – China’s capital is considering raising the height allowance for free bus rides for children, because improved nutrition has resulted in taller young passengers, Xinhua news agency said Thursday.

    Current rules allow any child under three feet, seven inches to travel free, but the city is planning now to increase that level to four feet.

    “The … standard is outdated in the light of our children’s physical development status,” Quan Zhongmin, a member of the Beijing Municipal Committee of the Chinese People’s Political Consultative Conference, was quoted as saying.

    “It is not known when the decision will be implemented in Beijing,” Xinhua said. “The adjustment won’t apply to parks, cinemas and theaters.”