The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.

Our modern democratic ideal is based on the hope that inequalities will be based on merit more than inheritance or luck.

Economists have put themselves in a position where what they are doing is supposed to be impossible to understand for outsiders, so they dont even talk - sometimes not even with their girlfriend or boyfriend or friends - about what they are doing.

It's important to realize that innovation and growth in itself are not sufficient to moderate inequality of wealth.

Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers.

Without precisely defined sources, methods, and concepts, it is possible to see absolutely everything and its opposite.

The U.S. is the country that invented progressive taxation of income and of inherited wealth in the 1910s and 20s.