In his new book, Joseph Stiglitz outlines a sweeping plan to correct economic inequality http://www.theatlantic.com/business/archive/2015/11/stiglitz-heres-how-to-fix-inequality/413761/ … #choices
-
@paulg You're looking at this thru a very narrow filter. Startups aren't the issue. Financialization of the economy http://www.tcf.org/blog/detail/graph-how-the-financial-sector-consumed-americas-economic-growth …
@timoreilly Maybe. But if you ban hedge funds the people who start them will start startups instead and inequality will be just as bad.
-
-
@paulg@timoreilly You are arguing past each other. Inequality is not bad; rent seeking is. Be more clear with language. -
@paulg@timoreilly also would argue RE has drained more from economy than fin sector alone http://idiosyncraticwhisk.blogspot.com/2015/11/housing-series-part-77-housing-is.html … - Show replies
New conversation -
-
-
@paulg I call b******* on that one, Paul. Do some reading on some other aspects of the economy besides startups -
@timoreilly I've already seen this "bullshit" happening. YC has funded many refugees from finance as the returns there have decreased. - Show replies
New conversation -
-
-
@paulg@timoreilly from my experience, those who start HFs are motivated purely by
. Startup founders tend to want to improve world firstThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@paulg@timoreilly I think equality of outcomes is less important than equality of opportunity.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
agree w/
@paulg in this debate w/@timoreilly. what do we do w/ michael bloomberg? he's the larry & sergei to the world's hedge funds! -
@Jay_Jamison@paulg Actually, Bloomberg is the@OReillyMedia to the world's hedge funds. Warren Buffet is the Larry/Sergey of financial mkt - Show replies
New conversation -
-
-
@paulg BTW, did you ever read the Stiglitz book, Paul? It is free online and a quick read. In any event, this is a better debate over beer -
@timoreilly@paulg most debates are better over beer. :)
End of conversation
New conversation -
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.