Krugman's 1992(!) inequality piece is remarkably, prescient, remarkably contemporary. @NYTimeskrugman http://prospect.org/article/rich-right-and-facts-deconstructing-income-distribution-debate …
@pmarca Thanks, I'll take a look at the paper. I did find the US Gini index - looks like it's still going up: http://en.wikipedia.org/wiki/Gini_coefficient#US_income_Gini_indices_over_time …
-
-
@michael_nielsen for any given GDP a Gini of 0.521 is a point that maximizes societal complexity, so for US Gini going up is good@pmarcaThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@michael_nielsen If we adopt the idea that gini should be arbitrarily low, we destroy wealth by limiting complexity.@pmarcaThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@michael_nielsen I go into a little bit here http://statisticaleconomics.org/2014/01/24/power-for-the-people-a-cryptographic-and-nuclear-renaissance/ … I think the internet added much to increasing Gini in US@pmarcaThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@michael_nielsen it is as if society is too restricted. conversely if gini is greater than 0.521 society is too difuse@pmarcaThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@michael_nielsen this too limits complexity. Entropy (information entropy) just a measure of complexity@pmarcaThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@michael_nielsen The internet broke down and challenges many structures that restrict the complexity of our interactions@pmarcaThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.