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 …
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Replying to @GMShivers
@GMShivers This is a poorly written article that appears to be (wilfully?) ignorant of much of the existing research.1 reply 0 retweets 0 likes -
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Replying to @GMShivers
@GMShivers Where to start :) These points have been debated for quite some time. Citing _only_ Gary Burtless is absurd.1 reply 0 retweets 0 likes -
Replying to @cmuratori
@GMShivers Burtless is one of these CBO data guys, and there are a lot of problems with drawing conclusions from CBO data.3 replies 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori People assume that everyone wealthy now was wealth 20 yrs ago and that's not really true as far as I've researched.1 reply 0 retweets 0 likes -
Replying to @GMShivers
@GMShivers That is not what Picketty was talking about in his book, though. He is saying that there is a reset and concentration pattern.1 reply 0 retweets 0 likes -
Replying to @cmuratori
@GMShivers He (I think correctly) points out that things begin somewhat meritocratic and then end up inherited.1 reply 0 retweets 0 likes -
Replying to @cmuratori
@GMShivers Then you get a reset event (usually pretty brutal) and you're back to somewhat meritocratic, etc.3 replies 0 retweets 0 likes -
Replying to @cmuratori
@GMShivers So you can argue that we're maybe on the cusp of turning to mostly inheritance based, instead of being there already...2 replies 0 retweets 0 likes
@GMShivers ... but it's very hard to argue that it isn't getting worse and won't continue to get worse, because history says otherwise.
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