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Fair enough. Yes, PG is arguing that reducing income inequality is bad. He did not address the hypothetical notion that there is a goldilocks zone of 'just eno
by aminok 11y ago
Fair enough. Yes, PG is arguing that reducing income inequality is bad.
He did not address the hypothetical notion that there is a goldilocks zone of 'just enough' inequality, either side of which is suboptimal (due to the 'systemic destabilization' or some other deleterious effect of inequality having a dampening effect on productivity that exceeds inequality's positive effects on productivity after some level), and none of the critiques brought up such an argument either, so I didn't feel the need to address that.