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1) There's no economic consensus that inequality doesn't matter. 2) I'm sure plenty of people who do not understand power laws are able to comprehend economic
by jimmytidey 9y ago
1) There's no economic consensus that inequality doesn't matter.
2) I'm sure plenty of people who do not understand power laws are able to comprehend economic concepts around inequality.
- ci5er 9y ago> 2) I'm sure plenty of people who do not understand power laws are able to comprehend economic concepts around inequality. Well, sure. But wherever a power distribution pops up, there's a chance that a complex system (small-worlds network) might be hiding in the gutty works. Which means that obvious "fixes", which might occur to the novice taking the class, to even out the distribution, could well have unpleasant side-effects. Up to and including complete/utter collapse. Now - if the final chapter were something like: "Now, here's why everything we came up with in Chapter 1 was wrong.", that might be an interesting bookend.