>"Not only is the cost of inequality the cost we incur for no
>economic benefit, but all indications are that it imposes a
>substantial economic burden which reduces the competitiveness of the
>whole society."
>
> -Richard Wilkinson, *Unhealthy Societies: The
>Afflictions of Inequality*
Actually this seems not to be true. Christopher Jencks told me he could make the effect appear or disappear just by tweaking the specifications of his model - changing the dates covered, adding or omitting variables, etc. Too bad.
Doug