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Are you trying to say that an equitable wealth distribution would make mean and median across the population the same? This is a very specific statistical conc
by dasil003 3y ago
Are you trying to say that an equitable wealth distribution would make mean and median across the population the same? This is a very specific statistical conclusion that is hard to grok without unpacking some of the assumptions behind it.
- benreesman 3y agoI’m saying that a healthy-ish Gini coefficient seems to be in the 0.2-0.275 type range, and a warlord won’t die in his bed above 0.85. It’s hard to get figures on us, but I used to get drunk with a bunch of Goldman quants who said we’ve been north of 0.5 once you cut the shit since 2008. It’s neither widely known nor considered polite to point out that the 5 ish mass shootings a day in the US make it per-capita more dangerous than Syria. So if you’re asking if I’m saying fuck rich people who exploit capture? Yeah: fuck them in particular.
- dasil003 3y agoI don’t disagree but it’s an obtuse way to make a point.
- benreesman 3y agoHaha fair play. HN is in general the best thing on the Internet but the number of people who stand with Greenspan, Rubin, and Summers on knee-capping Brooksley Born because they think the Ayn Rand car looks cool is like, very high. So I generally try to start that conversation in a roundabout way. I guess I’m ornery today. Objectivism is fascism clotted with purple prose written by a welfare recipient. Prove me wrong ;)