Krugman's 1992(!) inequality piece is remarkably, prescient, remarkably contemporary. @NYTimeskrugman http://prospect.org/article/rich-right-and-facts-deconstructing-income-distribution-debate …
@interfluidity @pmarca Key question: is "wealth as insurance" an arms race where de-escalation would be the mutually beneficial outcome?
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@interfluidity@pmarca If so, then forcing redistribution creates wealth. If not, we have to hope that advancing technology will save us. :) -
@paulbaumgart@pmarca in reality by criterion of Pareto optimality. - 8 more replies
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