Viewpoint
Why income inequality matters
Liam O'Connor | Friday, February 5, 2016
When Alexis de Tocqueville visited America almost 200 years ago, he was struck by Americans’ simultaneous loves of equality and liberty, of fairness and freedom. How do we overcome these apparent contradictions? In economics, we believe in equality of opportunity — not outcome. If you work hard, you can succeed and provide a better life