Income Inequality Explained

I wasn't familiar with Richard Epstein until I stumbled across this video on PBS. Turns out he is a law professor at New York University School of Law and a libertarian. In this video he makes a compelling case that income inequality is beneficial when it occurs naturally in a free society.

Watch Does U.S. Economic Inequality Have a Good Side? on PBS. See more from PBS NewsHour.

I'm ordering his book Simple Rules for a Complex World from Amazon because I want to read more of what he has to say. The synopsis of his book says it is about simplifying the legal code since complex rules create excessive costs. Should be interesting.