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I found this more interesting and relevant: http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf http://www.people.hbs.edu/mnorton/norton%20ariely
by cmurf 9y ago
I found this more interesting and relevant:
http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20pre...
What is the optimum level of wealth inequality? First they put together what most people think is a fair distribution of wealth, then have those people estimate what they think it actually is, and then compare it to the actual distribution of wealth. Most people have the right idea that wealth inequality is not optimal, but they're way way off on estimating how suboptimal it is.
This is a screen shot of one of the charts in the doc.
https://screenshots.firefox.com/EnpiKHzPzi7X2cGw/www.people.hbs.edu https://screenshots.firefox.com/EnpiKHzPzi7X2cGw/www.people....