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Its almost certainly true that well-implemented policies of reducing income inequality would fix some of these problems, but that completely ignores negative si
by jamiequint 11y ago
Its almost certainly true that well-implemented policies of reducing income inequality would fix some of these problems, but that completely ignores negative side effects. The negative side effects are what makes that type of high level policy making bad.
- Alex3917 11y ago> that completely ignores negative side effects What I'm saying is that if you take all the possible wealth distribution curves, the efficient frontier probably won't be at the extremes. That's not ignoring the negative side effects, rather it's cost-benefit analysis.