bendog
Diamond Member
- Mar 4, 2013
- 46,279
- 9,696
stifiable? If income inequality is a result of high tech skills and education, what can the argument be against using some of the increase in earnings of the 1% to educate more workers?
And I do think he's right in the criticism of Stiglitz about the 1% seeking rent, or taking more reduces the amount for the rest. The idea, after all, is to grow the pie higher.
fyi Mankiw authored the most widely used intro to econ textbook and was in bushii's admin
http://scholar.harvard.edu/files/mankiw/files/defending_the_one_percent.pdf
Students and States Near a 50-50 Split on the Cost of Public Higher Education - Government - The Chronicle of Higher Education
And I do think he's right in the criticism of Stiglitz about the 1% seeking rent, or taking more reduces the amount for the rest. The idea, after all, is to grow the pie higher.
fyi Mankiw authored the most widely used intro to econ textbook and was in bushii's admin
http://scholar.harvard.edu/files/mankiw/files/defending_the_one_percent.pdf
Students and States Near a 50-50 Split on the Cost of Public Higher Education - Government - The Chronicle of Higher Education