Electoral Math
Reality-Based^TM Political Numbers from Nicholas Beaudrot

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On Income Inequality

There's a debate running on how much (or little) government policy is responsible for the fall and rise of income inequality over the last century, kicked off by Paul Krugman and best summarized by Brad DeLong. DeLong reviews the evidence and places the root causes as "technology and society"; the coming of the computing age, and the change in public discourse from a communitarian worldview to a more individualistic one. Combined with policy changes to corporate law, labor law, and the tax structure, the trend ..

Delong's conjecture suggests The Winner-Take All Society is right; that changes in the way we produce any number of goods and services have increased the share of the compensation pie going to a very small number of producers. And that's really the only insight I have; if you want more, read DeLong's writing and the aftermath, which features commentary from many people much, much smarter than I am.

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Last updated by Nicholas Beaudrot on 08:53 22 August 2006