The notion that income inequality is bad is ludicrous. Which of the following income distributions
do you prefer to which others?
Person
Income Income Income Income
Number
Case 1 Case 2 Case 3 Case 4
1 10 5 10 3
2 20 5 10 8
3 30 5 10 8
4 40 5 10 8
5 50 5 11 8
Clearly, Case 1 is the most preferred. Yet, it has the most income inequality.
The case rank from high income inequality to low is: 1, 4, 3, 2.
This does not comport with what a reasonable person would consider desirable.
Assuming that charity is allowed, but not Government income
redistribution, my preference, from best to worst is: 1, 3, 4, 2.
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