Joseph E. Stiglitz Quote
Already, data showed that the American dream of rags to riches, the Horatio Alger story, was largely a myth. Economic mobility was extremely limited. The abolition of the estate tax could solidify these changes, creating a new class society, based not on ancient nobility as in Europe, but on the bonanza of the Roaring Nineties. The
Joseph E. Stiglitz
Already, data showed that the American dream of rags to riches, the Horatio Alger story, was largely a myth. Economic mobility was extremely limited. The abolition of the estate tax could solidify these changes, creating a new class society, based not on ancient nobility as in Europe, but on the bonanza of the Roaring Nineties. The