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Income inequality is weakly correlated with everything. It seems to be a necessary consequence of both the most and least prosperous societies. Honestly, incom
by squirrelicus 7y ago
Income inequality is weakly correlated with everything. It seems to be a necessary consequence of both the most and least prosperous societies.
Honestly, income inequality is a red herring of left politics and public schooling. If the most prosperous societies have high income inequality, then the question must be asked: does it matter?
Unless you want to design a utopia. That goes swimmingly every time, I promise.
Edit: If income inequality is a consequence of freedom, it's a very, very tiny price to pay. Don't optimize for the economy. Optimize for freedom. Empirically, that's how you create prosperity.