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Ultimately only consumption inequality can be a problem. Wealth only matters when it's spent.
by OscarCunningham 6y ago
Ultimately 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.