A letter to the WSJ from a guy in Eastpointe
I like it a lot when the local guy steps up.
The letter below from Mark Maisonneuve of Eastpointe (formerly East Detroit, formerly Halfway) Michigan, was written in response to an op-ed written by Daniel B. Klein and published in the Wall Street Journal a week or so ago under the following title.
The original op-ed is recommended.
I liked the letter even better.
Who is better informed about the policy choices facing the country—liberals, conservatives or libertarians? According to a Zogby International survey that I write about in the May issue of Econ Journal Watch, the answer is unequivocal: The left flunks Econ 101.
Prof. Klein's survey results provide an important insight into the reason liberals and progressives, including President Barack Obama, are so obsessed with fairness over growth.
They truly do not understand how wealth is created and therefore believe it is largely a matter of luck.
In that case, it is only reasonable to transfer wealth from the lucky to the unlucky.
Relentless education about the idea that luck is only a small part relative to hard work, ingenuity and rewards is a desperately needed antidote.
Mark Maisonneuve, Eastpointe, Mich.
- Read more about A letter to the WSJ from a guy in Eastpointe
- Log in or register to post comments