{"id":1007,"date":"2025-11-14T15:38:25","date_gmt":"2025-11-14T22:38:25","guid":{"rendered":"https:\/\/marginalnonhermit.com\/?p=1007"},"modified":"2025-11-14T15:38:25","modified_gmt":"2025-11-14T22:38:25","slug":"the-one-two-punch-of-redistribution","status":"publish","type":"post","link":"https:\/\/marginalnonhermit.com\/?p=1007","title":{"rendered":"The One-Two Punch of Redistribution"},"content":{"rendered":"\n<iframe id=\"odysee-iframe\" style=\"width:100%; aspect-ratio:16 \/ 9;\" src=\"https:\/\/odysee.com\/%24\/embed\/%40MarginalNonHermit%3A3%2FThe-One-Two-Punch-of-Redistribution%3Aa?r=8gvoByECHNgc2BfQ5o91oxf89bpi1Ui4\" allowfullscreen><\/iframe>\n\n\n\n<p class=\"\">Trying to expand upon a really good article by William L. Anderson at the Mises Institute: <a href=\"https:\/\/mises.org\/mises-wire\/yes-heather-cox-richardson-economically-illiterate-and-proud-it\">&#8220;Yes, Heather Cox Richardson Is Economically Illiterate &#8211; And Proud of It&#8221;<\/a><\/p>\n\n\n\n<p class=\"\">Bill notes how using wealth inequality as a measure for economic health is a major problem. I talk about his conclusions and try to expand on them a bit.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"\">Not only does the attempt to redistribute the &#8220;surplus&#8221; created by innovators and entrepreneurs discourage them, it also builds a larger unproductive bureaucracy. This process can turn nasty very quick, as it did during the Holodomor.<\/p>\n\n\n\n<p class=\"\">Inflation also takes buying power away from the poor and gives it to &#8220;winners&#8221; chosen by the government. Generally, they are not the best shining examples.<\/p>\n\n\n\n<p class=\"\">Full show notes <a href=\"https:\/\/marginalnonhermit.com\/wp-content\/uploads\/2025\/11\/one-two-punch-equalization.pdf\">here<\/a>.<\/p>\n\n\n\n<p class=\"\">My article on incentives and public waste <a href=\"https:\/\/mises.org\/mises-wire\/mmt-feeding-economically-inferior-machine\">here<\/a>. It was written with reference to Modern Monetary Theory, but its arguments can be applied more widely.<\/p>\n\n\n\n<p class=\"\">This video is available on <a href=\"https:\/\/odysee.com\/@MarginalNonHermit:3\/The-One-Two-Punch-of-Redistribution:a\">Odysee<\/a>, <a href=\"https:\/\/youtu.be\/buKQiqw5ouc\">YouTube<\/a>, and <a href=\"https:\/\/www.bitchute.com\/update_video\/UPq0Hpkr2QHS\">BitChute<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trying to expand upon a really good article by William L. Anderson at the Mises Institute: &#8220;Yes, Heather Cox Richardson Is Economically Illiterate &#8211; And Proud of It&#8221; Bill notes how using wealth inequality as a measure for economic health is a major problem. I talk about his conclusions and try to expand on them [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,4,2],"tags":[285,37,86,185,60,19,58,72,283,81,222],"class_list":["post-1007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-political","category-video-link","tag-asset-bubbles","tag-economics","tag-freedom","tag-inflation","tag-libertarian","tag-liberty","tag-mises-institute","tag-politics","tag-redistribution","tag-socialism","tag-taxation"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/marginalnonhermit.com\/wp-content\/uploads\/2025\/11\/one-two-punch-redist-thumb.png?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/1007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1007"}],"version-history":[{"count":1,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/1007\/revisions"}],"predecessor-version":[{"id":1008,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/posts\/1007\/revisions\/1008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=\/wp\/v2\/media\/1005"}],"wp:attachment":[{"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marginalnonhermit.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}