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If this is the “commonly held view” I wish someone would voice it. It’s the CW that dare not speak its name. twitter.com/kausmickey/sta…
If this is the “commonly held view” I wish someone would voice it. It’s the CW that dare not speak its name. twitter.com/kausmickey/sta…
@kausmickey It actually follows from the economics of marginal utility, as I explained 12 years ago: http://t.co/w2EUnhoffo
.@kausmickey
Rising income inequality is due to greater returns to IQ.
Govt schemes to counter that add complexity, make it worse.
@kausmickey Most discussion of inequality focuses on tax & transfer not what to do to help market incomes;case in pt: http://t.co/1TZofUZLYp