Hacker News Reader

What do you think would be the unintended consequences of the policy changes you mentioned? It seems possible that reducing inequality could have some side effects that might make everyone worse off -- less equality because everyone makes significantly less.

View on HN

It's not an outcome I'm particularly worried about. There are a lot of countries with a median GDP per capita greater than or roughly equivalent to the United States[1] with more robust social welfare states and lower GINI coefficients[2]. I'm much more concerned about the effects of runaway inequality.

[1]: https://www.cgdev.org/blog/world-bank-poverty-statistics-lac... [2]: https://data.oecd.org/inequality/income-inequality.htm

Reply on news.ycombinator.com