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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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    1. Paul Graham‏Verified account @paulg 17 Jul 2017

      Here's how to explain to people the distinction between fighting poverty and fighting economic inequality.

      9 replies 28 retweets 114 likes
    2. Paul Graham‏Verified account @paulg 17 Jul 2017
      Replying to @paulg

      If you're fighting poverty, you might say "Let's have universal health care."

      4 replies 11 retweets 56 likes
    3. Paul Graham‏Verified account @paulg 17 Jul 2017
      Replying to @paulg

      If you're fighting economic inequality, you have to say "Let's have universal health care. And Larry, please don't start Google."

      76 replies 35 retweets 154 likes
      Paul Graham‏Verified account @paulg 17 Jul 2017

      Otherwise Larry's going to mess up your numbers big time.

      7:19 AM - 17 Jul 2017
      • 6 Retweets
      • 63 Likes
      • top 25 Matt Usman Masood Greg Ferenstein Jack Casey Martin LeBlanc Sudarshan Sridharan Jill Myers Soham Maniar
      14 replies 6 retweets 63 likes
        1. New conversation
        2. Alex‏ @alexterenda 17 Jul 2017
          Replying to @paulg

          Straw man? No part of the political spectrum has felt the need to say that. Reducing inequality is not equivalent to strict equality.

          3 replies 1 retweet 143 likes
        3. Paul Graham‏Verified account @paulg 18 Jul 2017
          Replying to @alexterenda

          People who say economic inequality is bad and should be decreased don't realize they're saying this, but they are. Which is my point.

          17 replies 2 retweets 18 likes
        4. Alex‏ @alexterenda 18 Jul 2017
          Replying to @paulg

          What does "this" refer to? People don't realise they're tacitly suggesting stopping founders as a method, or they're arguing for equality?

          1 reply 0 retweets 3 likes
        5. Paul Graham‏Verified account @paulg 23 Jul 2017
          Replying to @alexterenda

          The former.

          1 reply 0 retweets 0 likes
        6. Alex‏ @alexterenda 23 Jul 2017
          Replying to @paulg

          While it is logically "true" that stopping (some) founders would reduce inequality, in no way does that mean people are advocating for it.

          1 reply 0 retweets 8 likes
        7. Alex‏ @alexterenda 23 Jul 2017
          Replying to @alexterenda @paulg

          It is also logically "true" that I could remove someone's arms in order to reduce BMI. Logically correct but you see where this is going..?

          1 reply 2 retweets 34 likes
        8. Julian Gaviria‏ @juliangav 23 Jul 2017
          Replying to @alexterenda @paulg

          Just drop the mic and walk away dude... 😎

          1 reply 0 retweets 10 likes
        9. 1 more reply
        1. New conversation
        2. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @paulg

          This is 100% bullshit. For a start, the thing people are arguing against is massive growth in income inequality, not some income inequality.

          4 replies 8 retweets 74 likes
        3. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          I'm sure there's a tiny minority out there who thinks everyone should be paid the same, but mostly that's not the case.

          1 reply 0 retweets 17 likes
        4. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          This is the kind of thing that people are arguing about. Income growth disproportionately affecting the top percent of earners.pic.twitter.com/wnZmjSV6N0

          1 reply 2 retweets 25 likes
        5. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          This shows that the top 5% of earners have seen massive growth in their incomes since the mid 1980s and no one else has.

          1 reply 0 retweets 20 likes
        6. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          Let's now look at the top 1%:pic.twitter.com/1nFB1lQCke

          2 replies 5 retweets 24 likes
        7. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          Now, it seems to me that these graphs show that the top 1% are doing pretty damn well. The top 1% country wide earn about $500k a year +

          1 reply 0 retweets 14 likes
        8. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          And their incomes are rising dramatically. The rest of the country's incomes are not. This is what we mean by rising income inequality.

          1 reply 0 retweets 20 likes
        9. Tom Coates‏Verified account @tomcoates 22 Jul 2017
          Replying to @tomcoates @paulg

          Now, before 1980 this grown was pretty well distributed, and we still managed to have capitalism and new companies and rich people.

          1 reply 1 retweet 16 likes
        10. 8 more replies
        1. New conversation
        2. halvarflake‏ @halvarflake 17 Jul 2017
          Replying to @paulg

          Only if you use statistically easily distorted measures of inequality, and only if you care about snapshot inequality vs inherited over time

          1 reply 0 retweets 4 likes
        3. halvarflake‏ @halvarflake 17 Jul 2017
          Replying to @halvarflake @paulg

          Also, most likely we wouldn't have the inequality discussion if real median income in 2017 wasn't < than in 1999.https://fred.stlouisfed.org/series/MEHOINUSA672N …

          1 reply 0 retweets 3 likes
        4. halvarflake‏ @halvarflake 17 Jul 2017
          Replying to @halvarflake @paulg

          Falling real median income means half of the population is losing. People worry much less if everybody gains, but some gain more.

          2 replies 0 retweets 6 likes
        5. 1 more reply

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