Economic Inequality
BlogPaul GrahamJun 14, 2016
AI Summary
PG argues there are different kinds of economic inequality, and conflating them confuses policy. Inequality from wealth creation (founders) is different from inequality from rent-seeking. Attacking 'inequality' as a category attacks the wrong thing.
From the original
January 2016 Since the 1970s, economic inequality in the US has increased dramatically. And in particular, the rich have gotten a lot richer. Nearly everyone who writes about the topic says that economic inequality should be decreased. I'm interested in this question because I was one of the…
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