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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 …
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.
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?
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.
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