3 ms·
Nice analogy. I think that Tyler Cowen statement is a symptom of Procrustean thinking from someone who starts reasoning not with an understanding of how humans
by ssivark 6y ago
Nice analogy. I think that Tyler Cowen statement is a symptom of Procrustean thinking from someone who starts reasoning not with an understanding of how humans are, but starts “logically” from the principles of economics and how humans ought to be per the economics rule book.
IMHO, (too much) inequality is fundamentally a problem because respective people’s power/influence in a market society (which we’re tending to) is proportional to their wealth — and that is intrinsically incompatible with the notion of participative democracy.