QUOTE OF THE DAY: “The difference between rich and poor is more than it should be.”

“ I do believe that the difference between rich and poor … is more than it should be. ‘Should be’
by what standard? By the standard of the free market. In a free market the difference would be
reduced, not because the rich become poorer but because the poor would get richer.
    “I believe what hampers and distorts the distribution of wealth and salaries … is government.
    “Government policies damage the poor—particularly the ambitious poor, the entrepreneurial poor, the smart poor—much more than they damage the middle class or the wealthy.”
              - Yaron Brook, from the Q&A of his talk ‘In Defense of Finance’ [6:35]

In Defense of Finance (part 2 of 2). Dr. Brook ends by exposing the deepest source of hostility toward the financial industry: the widespread hatred of the profit motive.