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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    Paul Graham‏Verified account @paulg 5 Jan 2016

    I replaced some of the claims in the economic inequality essay with stronger ones, and added a new last paragraph: http://paulgraham.com/ineq.html#note 

    11:19 AM - 5 Jan 2016
    • 32 Retweets
    • 99 Likes
    • McKenzy Germain Shaan Batra chandra haas Peter Hodges Jonathan Swanson Velociraptor Jeyan BurnsOorjitham Fahad Buchh Joshua March
    25 replies 32 retweets 99 likes
      1. New conversation
      2. thomas hansen‏ @hansent 5 Jan 2016
        Replying to @paulg

        @paulg 2. economic opportunity is what we should focus on, since less poverty and higher (upward) mobility are clearly desirable.

        1 reply 0 retweets 0 likes
      3. Paul Graham‏Verified account @paulg 5 Jan 2016
        Replying to @hansent

        @hansent Those are important, maybe the most important, but not the only things to work on. There are a huge number.

        1 reply 0 retweets 1 like
      4. Paul Graham‏Verified account @paulg 5 Jan 2016
        Replying to @paulg

        @hansent One of the advantages of not focusing simply on economic inequality is that you start to ask what the full list is, and the order.

        1 reply 1 retweet 4 likes
      5. thomas hansen‏ @hansent 5 Jan 2016
        Replying to @paulg

        @paulg and how to address them (e.g. via startups?!). are you keeping a list?

        1 reply 0 retweets 0 likes
      6. Paul Graham‏Verified account @paulg 5 Jan 2016
        Replying to @hansent

        @hansent I doubt startups can help with all, but I bet they can help with more than people expect.

        6 replies 0 retweets 2 likes
      7. Noreen Harnik‏ @Lenafreed 6 Jan 2016
        Replying to @paulg

        @paulg @hansent Wouldn't #basicincome allow more people to become entrepreneurs?

        1 reply 0 retweets 0 likes
      8. Paul Graham‏Verified account @paulg 6 Jan 2016
        Replying to @Lenafreed

        @Lenafreed @hansent Quite possibly. It's hard to predict.

        1 reply 0 retweets 1 like
      9. Noreen Harnik‏ @Lenafreed 6 Jan 2016
        Replying to @paulg

        @paulg A decent sized #basicincome would eliminate poverty & the fear of poverty which is what's driving the income inequality debate

        0 replies 0 retweets 0 likes
      10. End of conversation
      1. New conversation
      2. Kevin Lu‏ @kelukelugames 5 Jan 2016
        Replying to @paulg

        @paulg maybe I don't understand your point of view, but I don't see anyone attacking start ups.

        1 reply 0 retweets 1 like
      3. Paul Graham‏Verified account @paulg 5 Jan 2016
        Replying to @kelukelugames

        @KeLuKeLuGames Few knowingly do. http://paulgraham.com/ineq.html#f4n 

        1 reply 0 retweets 0 likes
      4. Kevin Lu‏ @kelukelugames 5 Jan 2016
        Replying to @paulg

        @paulg Don't think that footnote helped. :/ Let's talk after Twitter ups to limit to 10k. ;)

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. TwitBot‏ @vasilipoupkine1 5 Jan 2016
        Replying to @paulg

        @paulg Paul, this is still a strawman. There is a ton variation in wealth between 20%th percentile and 60th and you can surely reduce it

        1 reply 0 retweets 2 likes
      3. TwitBot‏ @vasilipoupkine1 5 Jan 2016
        Replying to @vasilipoupkine1

        @paulg example, Sweden has more billionaires per capita than US but less variation in wealth between low and middle brackets.

        2 replies 1 retweet 4 likes
      4. TwitBot‏ @vasilipoupkine1 5 Jan 2016
        Replying to @vasilipoupkine1

        @paulg also it's not clear why you think startups must increase inequality. That doesn't follow just because few founders get rich

        1 reply 0 retweets 0 likes
      5. TwitBot‏ @vasilipoupkine1 5 Jan 2016
        Replying to @vasilipoupkine1

        @paulg e.g. Uber made founders rich but also gave income to millions of drivers and reduced wealth of cab license holders

        0 replies 1 retweet 0 likes
      6. End of conversation
      1. Harry Heymann‏ @harryh 5 Jan 2016
        Replying to @paulg

        @paulg The key disagreement people have with you is the % of a startup's success that is due to the founder vs the society it sits on top of

        0 replies 0 retweets 6 likes
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      1. New conversation
      2. Jared Flatow‏ @jmflatow 5 Jan 2016
        Replying to @paulg

        Argument is still flawed. If poverty =/= inequality, neither does wealth. You manufacture wealth, not necessarily inequality. @paulg

        1 reply 0 retweets 3 likes
      3. 1 more reply
      1. Andrew Clark‏ @candrewclark 5 Jan 2016
        Replying to @paulg

        @paulg I like how you double-down, sir 😉

        0 replies 0 retweets 1 like
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      1. Kyle Ballard‏ @kyleballard 5 Jan 2016
        Replying to @paulg

        @paulg the foundation of your argument on the "pie fallacy" seems loose. Capital generation seems quite small. Maybe provide some refs?

        0 replies 0 retweets 1 like
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