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A common argument is that relative levels of wealth don't matter too much. Does it really matter if there is some Billionaire's if the average person is doing w
by holbrad 5y ago
A common argument is that relative levels of wealth don't matter too much.
Does it really matter if there is some Billionaire's if the average person is doing well for themselves ?
It's the average persons absolute amount of wealth going up that matters.
I think the real question is: Is an uneven distribution necessary to drive absolute levels of wealth up more quickly ? What level of wealth inequality produces the most growth ?