Bill Gates takes rich to task

Doug Henwood dhenwood at panix.com
Mon Feb 4 14:23:12 PST 2002


Jim Westrich wrote:


>"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



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