@pdsegal @andypsumner i'm curious to hear what you both think of this.
The Labour party suggests our aid should aim to reduce income inequality in emerging economies.
This post - by @MForstater - suggests reasons for caution https://www.cgdev.org/blog/will-uk-labour-partys-big-idea-inequality-target-help-or-hinder-development …
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Glennie's 'racing cars' model of inequality, which she calls a 'helpful mental model', is only helpful if the goal is to misrepresent what egalitarians want, as I explain above. Like I said, criticizing the proposed indicator is a different argument.
Not trying to misrepresent anyone/ anything. Agree car race is a limited model -an intro to explain basic difference between poverty reduction & inequality reduction as concepts @jonathanglennie
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My piece was responding to the green paper's specific proposals: legal requirement for all aid to reduce national inequality, & Palma as metric & target. i.e. Are these good ideas? Also pointing out that conflating elites/oligarchs w ppl on $20/day is not a good idea.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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The problem is, it's a terrible model of inequality reduction. Again, it's the standard conservative misrepresentation. I didn't say you deliberately misled - I think you were misled by the model, as many are. I hope you can now see what's wrong with it. 1/2
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It's a bit like representing the goal of GDP growth by saying it means people should drive to work instead of walking, because that increases GDP. It's true in an accounting sense, but it's not the kind of GDP growth that the goal intends to promote. 2/2
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