In an excellently argued article the author makes the point that economist misunderstand two principles.
"We simply need to correct the two erroneous assumptions identified above: Renounce the Pareto principle* of zero-impairment, and end the assumption that an increased tax share demonstrates that people are worse off."
*"Pareto principle, which holds that if a government policy improves the spending power of one group, we should assume zero impairment to other groups providing their absolute position does not go backward.", David Alexader
http://www.nationalreview.com/article/447246/inequality-american-democracy-wealth-gap-worsens-societal-fractures?utm_source=pocket&utm_medium=email&utm_campaign=pockethits
