Economic Inequality and the 20-80 Law

Written by Gary North on February 9, 2012

When a Leftist starts analyzing the economy, get ready for a call for government intervention. The failure — every failure –mis a market failure. The cure — every cure — is for more government intervention. In 1897,¬†Vilfredo Pareto, an Italian economist teaching in a Swiss university, announced his discovery: in every European economy he studied, […]

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