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 FWIW, only way I know for dealing with highly uncertain problems like this is to run a bunch of low-risk experiments.
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@paulbaumgart@pmarca just a fig-leaf for laissez-faire, whatever emerges is right. i’m skeptical an “objective, inductive” SWF cld exist. -
@interfluidity Yes! And it seems like it *must* exist, but maybe the complexity is too high for us to accurately model or compute it. - 1 more reply
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@paulbaumgart@pmarca unlike accounts of what is happening or how revenue flows, choice of an SWF usually reflects values rather than facts.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulbaumgart@pmarca i think you are trying to claim there could be an “inductive” SWF that wld neither reflect a proponents values nor be…Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulbaumgart@pmarca what actually emerges, i think, is always much too dependent on institutions & initial conditions.Thanks. Twitter will use this to make your timeline better. UndoUndo
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