Tag : income inequality

Written on Jul, 14, 2020 by in | Leave a comment

For the past fifty years or so, liberal political theorists in the Anglophone world have taken it as axiomatic that the unequal distribution of advantage among human beings—not merely of social position, but also of natural endowments—is, in John Rawls’s famous phrase, “arbitrary from a moral point of view,” or inconsistent with the principles of justice or fairness. Not only …

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Written on Jul, 04, 2020 by in | Leave a comment

Simple arithmetic reveals that reallocating the existing world income cannot eliminate world poverty. In Misallocated Pie, when everyone gets an equal slice, everyone gets enough. In the real world, allocating equal slices means no one gets enough. We cannot end world poverty without significant widespread economic growth.  https://200proofliberals.blogspot.com/2020/07/the-necessity-of-economic-growth-why.html

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Written on Sep, 03, 2019 by in | Leave a comment

There is a significant moral difference between income inequality that is the result of differences in productivity and government intrusion in the market. Subsidies for electric cars are a clear example of the latter.

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Written on Aug, 28, 2017 by in | Leave a comment

… simply put, in urban centers there are plenty of people who will partake in the same types of consumption (economies of scale) to uphold amenities like baseball stadiums, opera houses, and theaters and will drive down fixed costs for expenditures such as massages, organic food, and happy hour. Simultaneously, there are enough people that the “long tail” of consumption …

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… the dating market of urban centers (particularly as people marry like, rather than marrying “up” or “down,” a twenty-first-century trend economists term “assortative mating” 23 ). Smart people want to be around other smart people not just for work, but also for friendships and romantic relationships, and over time that results in highly stratified hyper-educated affluent places… Elizabeth Currid-Halkett,

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