Inequalities in wealth and well-being are impossible to eliminate, except perhaps in a certain kind of totalitarian society. One reason that inequality is intractable is that social capital cannot be redistributed equally.

Jeremy Jackson is associate professor in the Department of Agribusiness and Applied Economics at North Dakota State University and director of the North Dakota Center for the Study of Public Choice and Private Enterprise.
Jeffrey Palm is an undergraduate fellow at the North Dakota Center for the Study of Public Choice and Private Enterprise.
Economic InequalityEconomic PolicyEconomy
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