This is beautiful, and a bigger message of hope than any poster: http://www.cato.org/publications/commentary/inequality-myths?utm_content=buffer52f8b&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer …
@GMShivers Burtless is one of these CBO data guys, and there are a lot of problems with drawing conclusions from CBO data.
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@cmuratori Yeah, that is a little bit much. I was more concerned with the inherited wealth, which is a point I've researched elsewhere.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@cmuratori People assume that everyone wealthy now was wealth 20 yrs ago and that's not really true as far as I've researched. -
@GMShivers That is not what Picketty was talking about in his book, though. He is saying that there is a reset and concentration pattern. - Show replies
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@GMShivers See, for example, discussion of "top-coding" here: http://krugman.blogs.nytimes.com/2014/01/02/disinformation-on-inequality/ … -
@cmuratori My problem with inequality as "who has the biggest pot of gold" ignores that lives of everyone has improved drastically over time
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