Redistribution
topic on 2 shows · 2 statements across 2 episodes
2 statements about Redistribution, every show
Smith: Real-world political redistribution relies on inefficient market distortions
“In the real world, redistribution happens via things like the minimum wage or, you know, like letting the AMA decide how many doctors there's gonna be. So, so redistribution in the real world is not always the most efficient thing.”
Sacks: Wealth redistribution fails because it creates welfare dependency
“Declaring a simple war on poverty that's based around redistribution doesn't work because what we've seen is that it also creates a lot of dependency. And so a lot of these policies backfire. So simplistic redistribution is not going to solve the problem.”