3 ms·
It relates to economic models insofar as said models are used to justify the persistence of certain inequalities in society. The existence of these inequalities
by AQuantized 8y ago
It relates to economic models insofar as said models are used to justify the persistence of certain inequalities in society. The existence of these inequalities can then be exploited by populists in their rhetoric.
- geezerjay 8y ago> It relates to economic models insofar as said models are used to justify the persistence of certain inequalities in society. Not quite. Models only explain relationships between parameters. Moreover, inequality is a meaningless concept that is the posterchild of how the goalpost is kept moving by populist politicians. It's meaningless in its definition, as it is kept very maleable to fit the argument, and it's meaningless in the conclusion, as there is no problem in having someome earning more than his neighbor.