The Equality Equivocation

Challenging the Misconception of Equality in Wealth and Opportunity

Leftists constantly harp on the so-called problem of inequality—by which they mean inequality of income, wealth, or opportunity. Paul Krugman bemoans “the ever-growing gap between the rich and the rest.”¹ Barack Obama says inequality is “the defining challenge of our time.”² Ezra Klein says inequality “offends our moral intuitions” and “tears into the fab…