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Monday, March 3, 2014

Matthew O'Brien — Fixing Inequality Won't Hurt the Economy

A new paper shows that countries that redistribute more grow faster and for longer periods than those that leave inequality be.
Atlantic — Business
Fixing Inequality Won't Hurt the Economy
Matthew O'Brien

This is interesting but it is another bullshit correlation study making comparisons across countries as if they were the same institutionally and isolating other factors. More mechanistic thinking. But at least it is skewed in the right direction.


2 comments:

  1. Define "economy"

    Until that taboo is dragged into the open and permanently nailed to a cross, in a patch of sunlight, rational public discourse will remain impossible.

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