Hello Misesians! I was thumbing through the textbook I'm supposed to teach college composition with this fall, and was dismayed to see our old friend Paul Krugman contributing with an essay attacking income inequality, and suggesting various government interventions that could solve this evil. The essay was a selection from "The Conscience of a Liberal" book, a chapter called "Confronting Inequality," and I could really use a direct refutation of Krugman to provide my students with a counterpoint. If anyone knows of such, please link me to it!
Although I don't expect there to be a direct anti-Krugman article on just this subject, I could also use any Austrian argument regarding the inequality of incomes; to me, Mises always put it most thoroughly and clearly, but there's no way non-economics college freshman are going to get through his prose in a teachable way. I just need an engagin article describing how the inequality of incomes contributes towards the benefit, and not detriment, of a free society. Equality being incompatible with freedom and all that; someone recommend the most freshman-friendly rendition of this Austrian argument!
Start here: http://www.youtube.com/watch?v=U7uA7mFj_zk
EDIT: Also, http://cafehayek.com/2010/09/why-inequality-is-a-red-herring.html
Mises.org: inequality
Mises.org: income disparity