Liberalism and the Punishments of the Free Market

Jonathan Chait riffing off of Representative Paul Ryan: Liberals do not believe in equality of outcome in most spheres of life. There are myriad punishments for the losers of the free market that liberals can accept: less money, less vacation time, lower social status, more uncomfortable, dangerous, or physically draining work. But the denial of … Continue reading Liberalism and the Punishments of the Free Market