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Sure, economic equality will lead to more direct consumption than inequality, all else equal. That said, I'd rather have equality plus appropriate Pigouvian tax
by someguyorother 6y ago
Sure, economic equality will lead to more direct consumption than inequality, all else equal. That said, I'd rather have equality plus appropriate Pigouvian taxation than have to rely on inequality to do the environmental rationing for us.
A more equal society would probably have a greater chance of enacting Pigouvian taxes anyway because political power and economic power would be less intertwined.