Equal Is Unfair

  • by Don Watkins, Yaron Brook
  • Narrated by Jeff Cummings
  • 9 hrs and 8 mins
  • Unabridged Audiobook

Publisher's Summary

We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.
But what if that narrative is wrong? What if the real threat to the American Dream isn't rising income inequality - but an all-out war on success?
In this timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we've been taught about inequality is wrong. You'll discover:

Why successful CEOs make so much money - and deserve to
How the minimum wage hurts the very people it claims to help
Why middle-class stagnation is a myth
How the little-known history of Sweden reveals the dangers of forced equality
The disturbing philosophy behind Obama's economic agenda.

The critics of inequality are right about one thing: The American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success - not pull down the high fliers in the name of equality.


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Customer Reviews

Most Helpful

While I agree with most of this book,...

...it is a rather shallow treatment of the economic philosophy it espouses. It has too much of pseudo-philosopher Ayn Rand and too little of far better theorists, free market economists, and political philosophers such as Fredrich Hayek, Ludwig von Mises, Jean-Baptiste Say, Walter Williams, Milton Friedman, or Thomas Sowell. For those who want a sound understanding without excessive theory,I recommend any of several books by Thomas Sowell who is the greatest living economist and political philosopher. Audible has approximately 25 of his books. The best place to start is Sowell's Economic Facts and Fallacies followed by Wealth, Power, and Politics and then A Conflict of Visions followed by Applied Economics and finally Dismantling America. Of course Hayek's The Road to Serfdom is mandatory.

The primary title of this book Equal is Unfair without the subtitle America's Misguided Fight Against Income Inequality is too clever by half. The basic point that we should have equality of opportunity rather than striving for equality of economic outcome is valid because achieving equality of economic outcome always leads to universal poverty. Where Ayn Rand and her two followers who wrote this book go wrong is by claiming government has no appropriate role in economic matters. They are dead wrong: the role of government is to establish the rules and apply them equally, without favor.

In my opening comment above I wrote that the approach of the authors of this book is rather shallow in their treatment of economic and political philosophy. I stand by that, but I will add that listening to this book is better than nothing. Fredrich Hayek and Ayn Rand were contemporaries. Hayek's classical political and economic liberalism makes a lot more sense than Rand's unworkable Objectivism which is a form of anarchy. Rand was a great novelist, but fails as a political philosopher. It is to the credit of the authors, both of whom work at the Ayn Rand Institute that they do not go all in with Objectivism.

If one purchases this audio book be certain to download the PDF file of charts/graphs some of which are excellent especially at demonstrating that real income has increased during the last 30 to 40 years. Jeff Cummings does a superb job of narration.
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- Wayne "I love espionage, legal, and detective thrillers but listen to most genres. Very frequent reviews. No plot spoilers! Please excuse my typos!"

A Passionate and Scholarly work

Would you consider the audio edition of Equal Is Unfair to be better than the print version?

I would say they are equal. Jeff Cummings does a fantastic job in his narration.

What was one of the most memorable moments of Equal Is Unfair?

The comparisons to American ideals and founding principles.

What’s the most interesting tidbit you’ve picked up from this book?

This book turned out to be so much more than just the issue of "income inequality'. 'Equal is Unfair' goes after all of the major tenets of modern Leftism. Don Wakins and Dr. Yaron Brook raze modern leftism to the ground, leave no stone unturned, and salt the earth afterwards. The book takes down:
The inequality myth.
The Scandinavian socialism myth.
The myth that the successful are 'exploiters'
The economic pie myth.
Leftwing economist Piketty's statistical manipulations.
The "You didn't build that" rhetoric from those like Warren and Obama.
The left's Success=Luck argument.
FDR and LBJ's Great Society programs.
"Social Justice" advocates.
The inculcation of victimhood by the left in poor ghettos.
And much much more....

Any additional comments?

Watkins and Dr. Brook attack every leftwing issue on multiple fronts. They prove their case empirically by taking down the statistical manipulations of the left. They prove their case by showing the logical progression of what these ideas entail. They prove their case morally, by showing what these ideas mean to individual human beings and life on this earth, and finally they prove their case by offering a solid alternative.

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- Landon.W

Book Details

  • Release Date: 03-29-2016
  • Publisher: Brilliance Audio