Tuesday, December 14, 2010

Words on Inequality from a Founding Father

Brad DeLong posts a letter from Jefferson to Madison which I remember reading in college.  It's of interest in many ways (sentiments which were the basis of appropriating the land of the Native Americans, botanical research, etc.) but here's one sentence:
I am conscious that an equal division of property is impracticable, but the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property, only taking care to let their subdivisions go hand in hand with the natural affections of the human mind.

I might link it with this Tyler Cowen post relative to Australia's equality.

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