Post

Conversation

KingoftheCoast
@kingofthecoastt
Interesting piece: Large surges in income & wealth inequality do not predict declines in common measures of democracy.
Quote
Peleg Michael 🌐
@PelegMichael
Replying to @MortenStostad
What do you make of this forthcoming paper? Seems to be quite good evidence to the contrary. statsandsociety.substack.com/p/inequality-d Waiting for it to be fully available tho, of course.
12.3K
Views
View quotes
David Watson 🥑
Post your reply

KingoftheCoast
@kingofthecoastt
Can be found here (statsandsociety.substack.com/p/inequality-d). A related idea is that, even if the rich have disproportionate political influence, that is not an obviously bad thing.
Quote
KingoftheCoast
@kingofthecoastt
As we all know, Citizens United disproportionately increased the political spending of individual mega-donors. And yet, highly affected states experienced *faster* job, wage, & GDP growth -- because increased political competition + lower polarization led to deregulation. x.com/kingofthecoast…
Image
394
Bohumilo
@bohumilo
It also doesn't matter for well-being and health.
Quote
Bohumilo
@bohumilo
New scientific consensus, marked by a recent paradigm-shift paper/meta-analysis in Nature is that economic inequality does NOT produce bad outcomes by itself. x.com/VincentGeloso/…
Image
108