http://www.pascalsview.com/pascalsview/2008/04/democracy-in-america-revisited%e2%80%94income-inequality-hedge-funds-and-re-regulation-third-of-a-series.html Focused Commentary on the Family Enterprise, Entrepreneurship, Board Governance Best Practices, Venture Capital, and Public Policy Sun, 26 Jun 2011 21:12:29 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.pascalsview.com/pascalsview/2008/04/democracy-in-america-revisited%e2%80%94income-inequality-hedge-funds-and-re-regulation-third-of-a-series.html/comment-page-1#comment-221 Mark Schar Wed, 23 Apr 2008 17:13:04 +0000 http://pascalsview.chime.com/?p=403#comment-221 Pascal - You may want to pick up the book The Conscience of a Liberal by Paul Krugman. Krugman in a columnist with the NYT. His basic contention is that the 'middle class' (the space between rich and poor) is manufactured by society and does not naturally happen. What naturally happens is the rich get richer. He dissects the economy from WWII to today comparing govt policies with income separation - it's quite interesting. In the end, you are left with the feeling that a totally free, free market economy doesn't produce the kind of society we value. How you deal with that is a subject form another post, I'd say! Pascal – You may want to pick up the book The Conscience of a Liberal by Paul Krugman. Krugman in a columnist with the NYT. His basic contention is that the ‘middle class’ (the space between rich and poor) is manufactured by society and does not naturally happen. What naturally happens is the rich get richer. He dissects the economy from WWII to today comparing govt policies with income separation – it’s quite interesting. In the end, you are left with the feeling that a totally free, free market economy doesn’t produce the kind of society we value. How you deal with that is a subject form another post, I’d say!

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