[veltas]

Focusing on 'wealth inequality' usually leads to policies that hurt the economy, and make us all poorer, and actually increase the inequality. It hurts poor people more than the rich when we make bad economic decisions, and this paper proposes just such a decision. What can we do that won't backfire? We need a strong economy to help poor people.

[antisthenes]

> Focusing on 'wealth inequality' usually leads to policies that hurt the economy

When was the last time focusing on 'wealth inequality' was done in earnest? Not any time recently, given the complete lack of anti-trust regulation and the gutting of most unions and pensions.

Can you describe some of these policies with historical sources, please?

[mandmandam]

When you say "the economy", do you mean "rich people's yachts"? ...

"Trying to address inequality makes us all poorer" - wow.

If you really believe that's true, at least say why, or bring a source (other than Ayn Rand please lol). What's the mistake you believe people are making? Because just declaring something like that is like saying, we can't address unsafe driving because it will make people drive worse. It's clinically absurd.

Here's what I think - economists don't talk about inequality because of the three reasons discussed here [0]. It's not in their models, and it's not in their class interest.

> What can we do that won't backfire?

Tax the wealthy. No it's not easy. Yes it can be done. Yes it has worked in the past.

0 - https://www.youtube.com/watch?v=CivlU8hJVwc&embeds_referring...