Does Inequality cause growth?

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20 Sep 2012, 9:54 am

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enrico_dandolo
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20 Sep 2012, 10:02 am

That's not very convincing.

AspieRogue

20 Sep 2012, 10:17 am

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

JakobVirgil
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20 Sep 2012, 10:19 am

enrico_dandolo wrote:

That's not very convincing.

Hehe.

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thomas81
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20 Sep 2012, 10:19 am

It possibly does cause growth, but not for those that are paying the price for that inequality.

Which really is the point.

Overall growth, or GDP is a highly flawed and unreliable measure of the average living standard of a country. The United States is the richest yet a higher proportion of people in countries like Norway and Sweden 'get it better'.

JakobVirgil
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20 Sep 2012, 10:25 am

AspieRogue wrote:

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

http://www2.psych.ubc.ca/~henrich/Websi ... rs/ult.pdf
http://www.sscnet.ucla.edu/anthro/facul ... SFinal.pdf

-if anyone is wondering Elinor Ostrom tipped me off on this stuff. So it has to be magic cuz she has a "Nobel" prize. :lol:

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ruveyn
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20 Sep 2012, 12:22 pm

AspieRogue wrote:

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

Most people are not Good. They are not evil either. They are fixated on their own immediate interests and sometimes miss the big picture.. The worst shortfall of humanity is not evil, it is silliness.

ruveyn

xenon13
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20 Sep 2012, 3:36 pm

Growth rates were higher in the more equal Keynesian era than in the more unequal neoliberal era.

JakobVirgil
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20 Sep 2012, 3:39 pm

xenon13 wrote:

Growth rates were higher in the more equal Keynesian era than in the more unequal neoliberal era.

True, but still I can not find a correlation between Gini and Growth either way it is as flat as Kansas.

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GGPViper
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20 Sep 2012, 3:50 pm

JakobVirgil wrote:

AspieRogue wrote:

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

HA! Gotcha! Now I no longer have to use the title "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". For great justice...

JakobVirgil
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20 Sep 2012, 3:54 pm

GGPViper wrote:

JakobVirgil wrote:

AspieRogue wrote:

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

HA! Gotcha! Now I no longer have to use the title "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". For great justice...

Gotcha Back that is why I was using quotes they were not danger quotes I was quoting you.
But if you want to call say she won a "Nobel" prize who am I to stop you she certainly deserved one.

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GGPViper
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20 Sep 2012, 5:46 pm

JakobVirgil wrote:

GGPViper wrote:

JakobVirgil wrote:

AspieRogue wrote:

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

HA! Gotcha! Now I no longer have to use the title "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". For great justice...

Gotcha Back that is why I was using quotes they were not danger quotes I was quoting you.
But if you want to call say she won a "Nobel" prize who am I to stop you she certainly deserved one.

I really don't care about the motivation... I just want shorter titles...

JakobVirgil
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20 Sep 2012, 7:50 pm

GGPViper wrote:

JakobVirgil wrote:

GGPViper wrote:

JakobVirgil wrote:

AspieRogue wrote:

enrico_dandolo wrote:

That's not very convincing.

Agreed. Funny how JakobVirgil refuses to back up his claim that most people are basically good. :lol:

HA! Gotcha! Now I no longer have to use the title "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel". For great justice...

Gotcha Back that is why I was using quotes they were not danger quotes I was quoting you.
But if you want to call say she won a "Nobel" prize who am I to stop you she certainly deserved one.

I really don't care about the motivation... I just want shorter titles...

Just call it the fake Nobel.

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We must not buy their fruits:
Who knows upon what soil they fed
Their hungry thirsty roots??

http://jakobvirgil.blogspot.com/

JakobVirgil
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20 Sep 2012, 10:42 pm

Found a paper that covers the subject.
Nov 10, 2009 – Fisher, B. and J.D. Erickson, “Growth and Equity: Dismantling the Kaldor-Kuznets-Solow Consensus"

I guess I 'm not the first one to notice it.

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?We must not look at goblin men,
We must not buy their fruits:
Who knows upon what soil they fed
Their hungry thirsty roots??

http://jakobvirgil.blogspot.com/

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