Rex Kerr
Jul 8, 2023

Can you actually link to a description of the studies? I don't think they say what you think they do. The context is important.

Also, China's economy failed to take off until they switched to basically-market-Capitalism. Korea and Japan had similarly spectacular rises starting earlier.

Also, that you're using China as an example of a "4x income max" policy is ludicrous given that China's Gini coefficient is similar to but worse than the United States'!

Rex Kerr
Rex Kerr

Written by Rex Kerr

One who rejoices when everything is made as simple as possible, but no simpler. Sayer of things that may be wrong, but not so bad that they're not even wrong.

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