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by ArkyBeagle 4399 days ago
It's apparently all 100% ideological. I have enjoyed reading economics but past some point, when it starts to be policy oriented, the thinking just stops. They pick a team and sing the team song.

The thing about inequality is that it's so shockingly close* to a lognormnal/Pareto distribution that my feeble brain says "biology!" and I stop thinking of it as a problem. It starts to feel to me like when I used to argue with algebra if I don't.

*I cut & pasted some data set from the Internet and the r-squared was way above 0.9

And apparently, if you read enough semantics that aren't really there into history, it looks like the best cure for inequality is to simply stop everything and have World War II again. Cures Depressions, too!

We could not engineer a proper monetary policy, so we sacrificed one in 25 of the world's population instead. And this worked!