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webdevMason's profile
Mason 🏃‍♂️✂️
Mason 🏃‍♂️✂️
Mason  🏃‍♂️ ✂️
@webdevMason

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Mason  🏃‍♂️ ✂️

@webdevMason

patreon.com/masonhartman
Joined July 2015

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    1. Mason  🏃‍♂️ ✂️‏ @webdevMason 19 Sep 2018
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      Mason  🏃‍♂️ ✂️ Retweeted Jamie Whyte

      Important: measures of wealth inequality are NOT measures of poverty! Global wealth has become much more concentrated as poverty has *simultaneously* DECLINED dramatically. Models that don't make this distinction are likely to make harmful prescriptions https://ourworldindata.org/a-history-of-global-living-conditions-in-5-charts …https://twitter.com/_JamieWhyte/status/1042153627530547206 …

      Mason  🏃‍♂️ ✂️ added,

      Jamie Whyte @_JamieWhyte
      On the measure or poverty used to get this statistic, doubling everyone's income would not reduce the number of people living in poverty https://twitter.com/jeremycorbyn/status/1042142473160728577 …
      3 replies 13 retweets 63 likes
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      Mason  🏃‍♂️ ✂️‏ @webdevMason 19 Sep 2018
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      This isn't to say that wealth inequality is a good thing, only that it's possible to reduce by means which will also increase poverty.

      7:58 AM - 19 Sep 2018
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      • Rouzbeh Rezazadeh Amara's Law (often set to private when logged out) Flo Crivello Amit Patel NoodleLatte S 🌲🌊🌵🗻 Daniel White zooko Sam, a New Empath (3/30 Do Stuff November)
      2 replies 0 retweets 9 likes
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        2. smol carrots guy‏ @whatafungame 19 Sep 2018
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          Replying to @webdevMason

          Hard to think of a policy that does both: It seems like almost all inequality-reducers are designed to reduce absolute poverty. Maybe trade protectionism?

          1 reply 0 retweets 0 likes
        3. smol carrots guy‏ @whatafungame 19 Sep 2018
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          Replying to @whatafungame @webdevMason

          Oh, the failed Seattle head tax: Would hurt big biz shareholders, largely wealthy, and also increases the number of people in poverty by disincentivizing hiring. Except the revenues were earmarked for low-income housing, which obvs reduces absolute poverty.

          3 replies 0 retweets 0 likes
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        2. Amara's Law (often set to private when logged out)‏ @analyticascent 21 Sep 2018
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          Replying to @webdevMason

          One example that comes to mind: Take the salary of Walmart's CEO ($25 million) and redistribute it to all entry-level workers in the firm (about two million). That comes out to *three cents per day for a single year* and likely the destruction of the company itself. 🤨

          1 reply 0 retweets 0 likes
        3. Amara's Law (often set to private when logged out)‏ @analyticascent 21 Sep 2018
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          Replying to @analyticascent @webdevMason

          It's amazing how different the world looks to someone once they wrap their mind around the fact that making the rich poorer != making the poor richer in the long run.

          0 replies 0 retweets 0 likes
        4. End of conversation

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