A Case for Economic Redistribution

Among all the uncertainties of current politics in America, one event—I think—is certain. In the elections of 1986 the Democrats will score a victory: they will increase their majority in the House of Representatives and will capture the Senate.

The seers will see significance in this. Some who measure mass moods will discover a “swing to the left”; others will attribute the result to a Democratic shift to the right. Analysts who seek more specific explanations will poi...