Economics

The Flawed Moral Crusade Against Inequality

I’m just a soul whose intentions are good, Oh Lord, please don’t let me be misunderstood. —1960s pop song   The financial and economic crisis of 2007 to 2009 gave quite a boost to those who knew it was only a matter of time before free-market capitalism “collapsed”. Their undisguised joy was probably reminiscent of Darwinists celebrating the discovery of Archaeopteryx or Piltdown Man, or warmists basking in the corroboration of a torrid summer’s day. These believers are so sure of their ground that any confirmative event, however isolated or tenuous, is welcomed rapturously as proof at last. But sooner…

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