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Does Income Inequality Matter?

Posted by Cliff on from the an-issue-worth-discussing dept.

theodp is concerned about the following: "Alarmed by Goldman Sachs CEO Lloyd Blankfein's record-setting $53M bonus, Charles Wheelan (aka The Naked Economist) argues that income inequality matters. Wheelan notes that the Gini Coefficient (a measure of income inequality) for the U.S. has been moving away from countries like Japan and Sweden and closer to that of Brazil, where the murder rate is 5X that of NYC and crime is materially impacting GDP."

2 of 1,186 comments (clear)

  1. Re:Correlation... causation by Wandering+Wombat · · Score: 5, Funny
    What the hell are you doing posting on Slashdot? You're obviously WAY too smart for that.

    Mod parent up, big time.

    --
    I like to place meaningful quotes in my sig, so people will know that I know what meaningful quotes are.
  2. Ob Homer Simpson quote by RPGonAS400 · · Score: 3, Funny

    Lisa, if you don't like your job you don't strike. You just go in every day and do it really half-assed. That's the American way. -- Homer Simpson