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 By inductive I mean "revealed by choices" rather than based on axioms like "high Gini coefficients are undesirable."
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@paulbaumgart@pmarca in practice, yr “inductive” likely to mean “whatever emerges is optimal”, functionally equivalent to no-legit-SWF view -
@interfluidity@pmarca FWIW, only way I know for dealing with highly uncertain problems like this is to run a bunch of low-risk experiments. - 3 more replies
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@paulbaumgart@pmarca “revealed by choices” is always an incomplete claim. it elides the context in which choices are made.Thanks. Twitter will use this to make your timeline better. UndoUndo
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