> That said, I don't know how honest this essay is. Did it
> really happen that this prof claimed that rich students
> "have a lot of money" because they're people "who work
> hard"? I'm sure this doctrinal manager must've been
> challenged by students, no matter how vindictive he
> might've acted.
I don't find it hard to believe. Many economists can appeal to differences in marginal productivity to explain distribution with such ease and confidence that they might as well be claiming water flows downhill. And this story happened in America.
Besides, economists of this sort are very capable at taken as given what is most disputable.
Shane