Let’s deter the rich from having kids

As Piketty’s Capital in the 21st Century so painstakingly argued, inherited wealth is a primary driver of global inequality and poverty. Today, he writes, “inheritances (of fortunes accumulated in the past) predominate over saving (wealth accumulated in the present).” Elsewhere, Matt Bruenig gives a sense of the scale of the problem: “the wealthiest 1 p…