Abstract
Equality in the eyes of God and equality before the law are more important than material equality. First, equality moral and legal equality have led to what McCloskey (2006, 2010, 2016) calls the “Great Enrichment.” The enrichment has brought with it a global middle class and large reductions in extreme poverty. Second, commercial competition for positional goods is positive-sum. Those who want to have the best of everything effectively tax themselves by providing more and better goods and services for others (Nye 2002a, 2002b). Third, impeding commercial and financial access to status and wealth creates incentives for people to seek status and wealth by obtaining political power and privileges.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
