By Conner McEleney via Mises Wire | June 20, 2026 Many progressives, such as Robert Reich or Elizabeth Warren, have criticized income inequality. Many of these criticisms stem from arguments such as taxes or poverty. Even though economists such as Phil Gramm, the author of The Myth of American Inequality: How Government Biases Policy Debate” have debunked similar arguments about inequality in America, in great detail. However, there is an underr…