4 ms·
I think if you're studying the propagation of wealth distribution, how the wealth is produced matters, because there are threshholds below which it's more diffi
by dv_dt 7y ago
I think if you're studying the propagation of wealth distribution, how the wealth is produced matters, because there are threshholds below which it's more difficult for individual actors to start or expand productive economic activity. You see a hint of that in economic data where high-inequality economies show lower growth than more equal economies.
I think of it as something like a phase change, with insufficient energy applied equally enough across enough atoms you can't make it from solid to liquid and have a much lower mix rate in the economy.