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Ep. 307: Bryan Caplan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Wealth and Income Inequality

I think on this book is typical of, you know, social scientists and people in general are hyper about inequality within countries. Well, actually, it's the inequality between countries, which is a huge problem. So if you were concerned about inequality or about poverty, I would think that your first concern would be to get rid of the laws that stop the market from solving poverty. But of course, almost no one cares about this stuff. Instead, they are freaked out about Bill Gates making more money than someone who works at McDonald's rather than there being a whole PVP, a bunch of people in Haiti who are eating dirt.

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