Aside

Judge Richard Posner on Luck, Wealth and Taxation

First of all, how come nobody told me that Richard Posner and Gary Becker had their own blog?

I have never referenced Becker in this blog, but he is a big hitter economist of the Chicago school. But I have referenced Richard Posner, judge and professor, and even though I have disagreed with him, I remain in awe of his erudition and productivity. See my entries on Posner here, here and here.

Here is a typically rational take on the role of luck in wealth creation by Professor Posner. Enjoy.

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2 responses to “Judge Richard Posner on Luck, Wealth and Taxation

  1. Thanks for link to Becker-Posner. Excellent post. Nice to see that they agree with your assessment of the role of luck in various kinds of success.

  2. Pingback: Richard William Posner ~ Don’t Get Fooled Again? … Ooops! Too Late | Shift Frequency

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