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The world will never agree on the best way to spend money. So why don't we just let people spend their own money the way they choose?
by justanotherc 7y ago
The world will never agree on the best way to spend money. So why don't we just let people spend their own money the way they choose?
- IanCal 7y agoThis argument only really works when there's less inequality. There's a focus on what these ultra wealthy people are spending their money on because they have world-changing amounts of it. To put it another way, myself and Bezos are not equally free to spend Apollo mission money on solving problems.
- ben_w 7y agoI’m wondering if inequality is an example of Simpson's paradox: inequality in rich nations is going up but inequality worldwide is going down? https://en.m.wikipedia.org/wiki/Simpson%27s_paradox https://en.m.wikipedia.org/wiki/Simpson%27s_paradox https://ourworldindata.org/uploads/2013/12/Global-inequality-in-1800-1975-and-2015-324x550.png https://ourworldindata.org/uploads/2013/12/Global-inequality... https://www.mckinsey.com/~/media/McKinsey/Industries/Public%20Sector/Our%20Insights/Inequality%20A%20persisting%20challenge%20and%20its%20implications/SVGZ-MGI-Inequality-Ex2.ashx https://www.mckinsey.com/~/media/McKinsey/Industries/Public%...