Definitely not against experimenting with certain kinds of wealth redistribution (e.g. UBI), but it's weird that these convos sometimes start with "which policy should we use to make the wealthy less wealthy?" rather than "which policy should we use to make the poor less poor?"
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There’s risk in letting a rising tide lift all boats. If you can’t handle potential negative externalities of that you want to only manage downside risk, not take risks with more upside. Assuming the pie will get bigger is an inherent risk.
I wonder how much of it is true risk aversion and how much is concluding from lived experience rather than data that the pie just *isn't* growing, whatever the wonks say
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Basically, if your boat is rising slowly enough & with lots of noise while there's a lot of cultural attention on the mega yachts, I don't think it's difficult to get the sense that either pie size is irrelevant to you or the pie is stable
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