2 ms·
What do you think would be the unintended consequences of the policy changes you mentioned? It seems possible that reducing inequality could have some side eff
by edmundsauto 8y ago
What do you think would be the unintended consequences of the policy changes you mentioned? It seems possible that reducing inequality could have some side effects that might make everyone worse off -- less equality because everyone makes significantly less.
- trowawee 8y agoIt's not an outcome I'm particularly worried about. There are a lot of countries with a median GDP per capita greater than or roughly equivalent to the United States[1] with more robust social welfare states and lower GINI coefficients[2]. I'm much more concerned about the effects of runaway inequality. [1]: https://www.cgdev.org/blog/world-bank-poverty-statistics-lack-median-income-data-so-we-filled-gap-ourselves-download-available https://www.cgdev.org/blog/world-bank-poverty-statistics-lac... [2]: https://data.oecd.org/inequality/income-inequality.htm https://data.oecd.org/inequality/income-inequality.htm