Plutarch And The Supply Side

Plutarch famously stated, "An imbalance between rich and poor is the oldest and most fatal ailment of all republics." After almost 2000 years of history his words seem to have some pressing implications for our current political economy. What happens when governments seek to create a dependent class through massive welfare spending? What are the implications of UBI and of fiscal policies that encourage people not to work? In this episode we look at the link between Plutarch's insights and Nathan Lewis' exploration of how government policy can shape the moral tone of a nation.