Economic Growth and Income Differences

By G. Warren Nutter.


“Progress did not, by and large, aggravate inequities, but it made us more aware and less tolerant of them.  Sharpening contrasts in circumstances aroused our humane sentiments, sentiments that could be better afforded by virtue of augmenting affluence.  Progress shook loose the age-old endurance that man had customarily displayed for his lot and bred in its place an attitude of insatiable discontent with the pace at which remaining problems were being met.  And so we find ourselves in a society in which progress and discontent are engaged in an almost desperate race with each other.”


Source: Cafe Hayek.