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I’m not an expert at all, but I think I know how to answer your question in the somewhat mathy terms you’ve framed your it in. I think the main argument is to g
by egwynn 8y ago
I’m not an expert at all, but I think I know how to answer your question in the somewhat mathy terms you’ve framed your it in. I think the main argument is to get rid of a bi- (or multi-) modal distribution and move to a unimodal normal distribution that’s taller and narrower. That way you wouldn’t have a few people with tons of money while most people have no money. You’d instead of a lot of people who mostly have comparable spending power.
- snappyTertle 8y agoThat's assuming the area under the curve remains constant, when it doesn't. Redistribution will make the total wealth shrink.
- egwynn 8y agoWhat sort of graph were you picturing? I was imagining wealth x population, in which case “area under the curve” would be “total population”, and wouldn’t change under a redistribution operation. I don’t know whether your claim about total wealth is true or not, but it seems like it relates to a slightly different idea than I was expressing.