Yeah, but an "administrative process" that seem sometimes to neglect to enforce them effectively...
>, one
>of the most egalitarian distributions of wealth
I remember back when whichever-it-was bought Van Gogh's "Sunflowers". I thought: "This thing is going to be hanging on the wall of somebody's office. Whose office? And should it enter into the official distribution-of-wealth statistics as the wealth of the guy whose office it's in?"
We're interested in wealth distributions because they tell us both about the distribution of consumption goods and they tell us something about power over people. I'm not sure the mapping between material wealth and power over people is the same in Japan as it is in the U.S. or in Europe...
Brad DeLong, who has no *reason* to think that the wealth distribution figures are giving us a false picture, but who is suspicious...