Wealth is Not A Sign of Merit

Trevor Burrus writing at the CATO institute blog:

Wealth is not a sign of merit, and poverty is not a sign of failure. As I’veargued before, we should champion the free market as a system where productivity allows people to be artists, record store clerks, or even bums. We can personally praise or chastise anyone for their life-choices and values, but we should not argue that the market is there to do it for us.