RadioBDC Logo
Of Fisticuffs | The Dears Listen Live
Tom Keane

An economics lesson for Warren

By Tom Keane
November 12, 2011

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

Elizabeth Warren’s recent fiery speech on wealth creation has received plaudits from the left and grief from the right. But what few have addressed is the underlying substance of her words: her claim that it is not entrepreneurs who create wealth. They play a role, she acknowledges, but the credit really belongs to all of us. And that becomes the rationale for why those folks deserve to pay a premium in taxes - we deserve a share of their wealth because we helped create it. It’s a beguiling idea, but Warren is wrong.

For more from, sign up or log in below

To continue, please sign up or log in to

Access the full articles and quality reporting of The Boston Globe at

Sign up

Unlimited Access to for 4 weeks for only 99¢.

Are you a Boston Globe home delivery subscriber?

Get FREE access as part of your print subscription. subscriber

Click to continue reading this article or to log in to