Inequality and Status Arnold Kling By Arnold Kling, Mar 16 2012 SHARE POST: Jason Collins discusses the view that inequality is good because rich consumers stimulate innovation. I allude to this theory in my Khan-Academy style take on inequality for a forthcoming panel.
Mar 16 2012 Economic Growth Scott Sumner on The Great Stagnation David Henderson Scott Sumner writes: In other words, most economists now see the US trend rate of RGDP [real GDP] growth as being something like 1.5%. After 150 years of 3% trend, that's a startling downshift. Tyler Cowen is no longer a contrarian; The Great Stagnation is now conventional wisdom. The last sentence would be close to ... 7 Read More
Mar 16 2012 Business Economics Thinking about Think Tanks Arnold Kling Tevi Troy writes, If donors see and use think tanks as pawns in a political war, the value of their product will be diminished in the eyes of the public, journalists and senior government officials. He made this point in our interview two months ago, but the Cato-Koch kerfluffle has made it more salient. Charles Mur... 2 Read More
Mar 16 2012 Income Distribution Inequality and Status Arnold Kling Jason Collins discusses the view that inequality is good because rich consumers stimulate innovation. I allude to this theory in my Khan-Academy style take on inequality for a forthcoming panel. 2 Read More