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Why do we punish success and reward failure?




This seems quite appropriate given the current debates about whether to have financial reform that includes measures to bail out failed banks in the future, about whether or not to lower corporate taxes—already the highest in the developed world, and about whether Apple is guilty of monopoly practices because it refuses to allow developers to use Adobe's Flash software in apps for the iPhone and iPad, preferring instead to rely on open standards. And of course, punishing success is what Obama's "spreading the wealth" is all about.

4-Block World

HT: Mark Perry.

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