3 ms·
> There's a lot of luck in how wealth is distributed already. I totally agree (all of your examples are good). But how do we improve the situation by also maki
by jaredklewis 8y ago
> There's a lot of luck in how wealth is distributed already.
I totally agree (all of your examples are good). But how do we improve the situation by also making regulatory policy luck based?
If Social Security worked by giving large pensions randomly to 1 out of every 100 enrollees, and leaving the other 99 with nothing, that might better reflect how wealth is already distributed, but I would argue it is a horrible idea.
I would argue that regulatory policy should attempt to smooth out the distribution of wealth, not make it more erratic.