wow this really goes against the prior understanding of inequality I had. I'll have to take a look at this item.
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See also the attendant editorial in that journal, thoroughly weighting - and supporting - the case made in the paperpic.twitter.com/6wUU9xsRmA
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Looking up "social inequality" and "happiness", you find A LOT of evidence refuting the conventional wisdom at Google Scholar.pic.twitter.com/RyY8ZmHKIl
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With that topic, which is gravely policy-relevant, we got to have the most foolproof, valid & critically weighted data, not dogma.
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@paulrabenowitz Nope. You lost me at "survey data." Survey's are wildly unreliable for this type of question. -
plus, I read a paper on chimps rewarded with banana instead of pear. Maybe not unhappy, but very upset
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@peterleohurst this is a weak correlation. the happiness has to do w/total wealth increasing, the effect of which is...
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to increase happiness & well-being. when recession hits, gini coefficient falls & happiness/wellbeing falls...
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Important to note that income inequality is not equal to economic injustice. Gini captures all income differences.
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