HispanicPundit + history + reason   2

A History Lesson From Clarence Thomas - Reason.com
Many of his critics may be too ignorant to know it, but Thomas’ writings are steeped in African-American history and grapple repeatedly with the long shadow cast by slavery and Jim Crow. He may not be a modern liberal, but there is no question that Clarence Thomas is part of a civil rights tradition that started with Frederick Douglass.
history  reason  blacks  supremecourt  sidebar  thomas 
august 2013 by HispanicPundit
Empire of the Son - Reason Magazine
So what happens to inequality when one profession becomes more respected?  It depends.  If people in the profession currently earn less than average, then giving them more respect increases inequality.  But if people in the profession currently earn more than average, then giving then more respect actually decreases inequality.

Now for the fun part.  Imagine people become more egalitarian, to the point where they heap scorn on the rich and successful.  What is the effect on inequality?  By the previous logic, the effect is directly counter-productive.  The more you scorn rich people, the more people you scare away from high-income professions.  The more you scare away, the lower their supply.  And the lower their supply, the higher their income!

Lesson: If you really want a materially more equal society, stop beating up on the 1%.  Do a complete 180.  Smile upon them.  Admire them.  Praise them.  Sing songs about how much good they do for the world.  The direct result will be to rais
foreignpolicy  neocons  history  indonesia  reason  sidebar 
january 2012 by HispanicPundit

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