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The United States has experienced a disturbing expansion of income and wealth inequality in the past three or four decades. We only fully recognized this yawning divide in the material fortunes of Americans after the 2008 financial crisis, which did little to change the direction of the trend. The Coronavirus pandemic has only added fuel to the inequality fire in a particularly grave way. Income inequality might be condemned on its own terms and for its political (erosion of democracy) and economic (financial instability) consequences. These worrisome trends in economic inequality have caused scholars to look for policy solutions. For legal scholars, in particular, the question arises: can legal rules do anything about income inequality? A long-standing position within law-and-economics scholarship gives a clear answer to this question: No.