Comment by mandmandam

2 days ago

When you say "the economy", do you mean "rich people's yachts"? ...

"Trying to address inequality makes us all poorer" - wow.

If you really believe that's true, at least say why, or bring a source (other than Ayn Rand please lol). What's the mistake you believe people are making? Because just declaring something like that is like saying, we can't address unsafe driving because it will make people drive worse. It's clinically absurd.

Here's what I think - economists don't talk about inequality because of the three reasons discussed here [0]. It's not in their models, and it's not in their class interest.

> What can we do that won't backfire?

Tax the wealthy. No it's not easy. Yes it can be done. Yes it has worked in the past.