Saturday, March 17, 2012
Why Inequality Matters
The conservative magazine Commentary has published an article on how social inequality is on the political agenda and on the minds of most Americans,
even though many conservatives would prefer the case to be otherwise.
The authors argue that, in part, the discussion of inequality should be
oriented toward social mobility and poverty, as well as the "injustices"
of government policy. What the authors apparently fail to realize is
the possibility that inequality causes poverty and immobility,
not to mention "unjust" government policies perpetuating inequality. In
particular, higher inequality can cause low social mobility by
increasing socioeconomic distances between the highest and lowest rungs
of society, higher rates of poverty by segregating groups and distorting
resource allocations, and inequality-perpetuating government policies
by shifting costs from the wealthy to the general population (through,
for example, cutting funds for widely-available public services and
increasing take-home profits from private organizations).
Blog Archive
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2012
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March
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- Physics Envy
- Irving Louis Horowitz
- MyPersonality
- Why are Economists so (Consistently) Led Astray Ab...
- Popularity of Programming Languages
- Big Science and Sociology
- Statistical Lexicon
- McKinsey on Big Data
- Inequality: Everyone's Thinking About It
- Universal Limits in High-Dimensional Statistics
- Rethinking Tragedy and Success
- Why Inequality Matters
- Inequality "Crisis" of Marriage
- Corporate Culture Revisited
- Misc. Links
- MIT Inequality Talk
- Scatter Plot Matrix in R
- Taxes and Inequality
- 3-D Scatter Plots Redux
- Checking Weather in Stata
- Is Everything Culture?
- Ternary (or Triaxial) Plots
- Causality and Ethnography
- The Mystery of Power-Law Distributions
- Visualizing a Correlation Table
- Why Models are Not Data
- R versus Stata Redux
- Culture and Poverty
- Values and Politics
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March
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