Re:Inequality, Interest Rates, Aging, and the Role of Centra...
by bbwwnn on Friday December 30, 2022 @04:22AM
(#34183398)
Could you or someone elaborate on that? It’s not obvious to me how uncertainty around K implies that equality is a good thing… it feels like there is some (perhaps obviously correct) assumption here on the distribution of K that’s missing here.
Now if we say that utility provided to society by a person is concave with respect to their resources, then equality becomes obvious, but that seems different than this toy model (and also not obviously correct).
[ Parent
| on HN ]
There are no comments on this comment yet.