33 ms·
I think the problem is more to do with wealth inequality than income inequality, though. http://metrocosm.com/wealth-vs-income-inequality/ http://metrocosm.com
by UncleSlacky 6y ago
I think the problem is more to do with wealth inequality than income inequality, though.
http://metrocosm.com/wealth-vs-income-inequality/ http://metrocosm.com/wealth-vs-income-inequality/
https://www.theweek.com/articles/717294/wealth-inequality-even-worse-than-income-inequality https://www.theweek.com/articles/717294/wealth-inequality-ev...
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0154196 https://journals.plos.org/plosone/article?id=10.1371/journal...
- rorykoehler 6y agoI completely agree. Especially now with the significant asset inflation we’re experiencing.
- notahacker 6y agoThis. And correlation between the income/wealth spectrums, because if the higher incomes accrue mostly to the already-rich then wealth disparities can accelerate even if income disparities contract
- OscarCunningham 6y agoUltimately only consumption inequality can be a problem. Wealth only matters when it's spent.
- akvadrako 6y agoI care most about non-consumption spending. Having more money to invest means you decide what gets built.
- briefcomment 6y agoSure, but income doesn’t measure all consumption. How would you consider a third home in the Hamptons? Certainly not income, but definitely both wealth and consumption. Wealth is probably a better proxy for consumption.