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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

This is my conversational account. For my work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Venkatesh Rao‏ @vgr 23 Jul 2018
    • Report Tweet
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    Is there a way to calculate whether a generation took more wealth out than it created? Inter-generational wealth accounting seems hard, but seems more meaningful than inter-class wealth accounting. Like, quantify whether a generation has net borrowed from or bequeathed to future.

    3:58 PM - 23 Jul 2018
    • 12 Retweets
    • 75 Likes
    • Rahul Ramchandani Sar Haribhakti Tyler Tringas nicole Callum Flack Devon *** Ⓜ️ sophie: resting up, fuck slaying, do nothing
    15 replies 12 retweets 75 likes
      1. Venkatesh Rao‏ @vgr 23 Jul 2018
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        Relevant https://www.axios.com/one-big-thing-being-30-then-and-now-1531229570-b03dd961-0c1e-4734-a577-78c28ae346d9.html …

        1 reply 2 retweets 13 likes
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      2. Kylie Stedman Gomes‏ @indiqicom 23 Jul 2018
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        Replying to @vgr

        No doubt there is, but I must ask ... to what end? Figuring out which group is "to blame" (whether categorised by age or socioeconomic class or political preference or national border) doesn't even get everyone working together, let alone solving the problem. 😐

        1 reply 0 retweets 2 likes
      3. Venkatesh Rao‏ @vgr 23 Jul 2018
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        Replying to @indiqicom

        Verily to wreak vengeance unto them. Or at least high taxes or something.

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      2. Ari Nielsen‏ @anielsen108 23 Jul 2018
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        Replying to @vgr

        Would you attribute the destruction if WWII to a generation (which one) or factor it out somehow? Or are you just talking govt. transfer payments?

        1 reply 0 retweets 2 likes
      3. Venkatesh Rao‏ @vgr 23 Jul 2018
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        Replying to @anielsen108

        I don’t know

        0 replies 0 retweets 2 likes
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      2. Varun Adibhatla‏ @vr00n 23 Jul 2018
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        Replying to @vgr

        This is a-kin to reparation accounting. https://qz.com/1012692/this-is-what-reparations-could-actually-look-like-in-america/ …

        1 reply 0 retweets 1 like
      3. Venkatesh Rao‏ @vgr 23 Jul 2018
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        Replying to @vr00n

        Verily

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Brendan Pierpont‏ @brendanpierpont 23 Jul 2018
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        Replying to @vgr

        Accounting for or ignoring environmental damage? Wealth generated on the back of significant greenhouse gas emissions may in fact be a multi-trillion dollar loan from future generations.

        0 replies 0 retweets 3 likes
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      1. The Legendary Dragon Alephwyr, named Alephwyr‏ @Alephwyr 23 Jul 2018
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        Replying to @vgr

        Boomers be all likepic.twitter.com/2LEN04IyRv

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      2. zooko‏ @zooko 24 Jul 2018
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        Replying to @vgr

        I don't think it is even possible to answer more basic questions, like whether USA generated more wealth in 2017 or 2007, or whether USA or China generated more wealth in 2017.

        1 reply 0 retweets 4 likes
      3. somebody3830‏ @somebody3830_2 24 Jul 2018
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        Replying to @zooko @vgr

        Statistical analysis can answer all of this with a very high degree of accuracy. The caveat is sampling the right data, properly. It's the same basic math principles behind many other sciences: psychology, epidemiology, biology, medicine, economics, etc.

        1 reply 0 retweets 0 likes
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