Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php:6131) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/feed-rss2-comments.php on line 8
Comments on: Looking at the wrong place on inequality http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/ The Visible Hand in Economics Thu, 07 Apr 2011 00:42:07 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33196 Thu, 07 Apr 2011 00:42:07 +0000 http://www.tvhe.co.nz/?p=5885#comment-33196 @Royal Albert Ross

“It may not be fair or rational, but it’s the reality that politicians live with”

No disagreement there.

However, when it comes to discussing globalisation and talking about inequality I think there is traction to be gained by starting with the simple premise of “lets treat all people equally”. Framing things in this way, and discussing them, makes policy more transparent.

Also as I stated at the start of that para I was “putting on my normative hat” – I was laying down my personal value judgments and how I felt. People are welcome to disagree with that – we all have our own value judgments. I was just hoping that by framing it in the way I did, the subjective elements of what I said were transparent.

]]>
By: Royal Albert Ross http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33195 Thu, 07 Apr 2011 00:38:20 +0000 http://www.tvhe.co.nz/?p=5885#comment-33195 “I have close to no sympathy for those who couldn’t find a way to save in the first world relative to the sympathy I feel for those who are born into abject poverty.”

Really? For it’s daily apparent that most of us do care more about ourselves, our families, our fellow-townsfolk and our fellow-countrymen (in that order, more or less) than we do about people we don’t know in distant lands, regardless of their relative levels of good fortune or deserving-ness. Objectively, the survivors of the Pakistan floods are far worse off and more needy of charity than the survivors of the Christchurch earthquake, but I suspect the average donation from within New Zealand was far greater to help the latter. It may not be fair or rational, but it’s the reality that politicians live with

]]>
By: Matt Nolan http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33144 Tue, 05 Apr 2011 02:27:37 +0000 http://www.tvhe.co.nz/?p=5885#comment-33144 @rauparaha

You know how hard that is for me Rauparaha.

I am going to say that it is because I want to make my position as clear as possible, and make sure that we agree on the relevant implicit assumptions included in any statement – but that is because I’m trying to avoid saying “I agree” again

]]>
By: rauparaha http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33143 Tue, 05 Apr 2011 02:25:12 +0000 http://www.tvhe.co.nz/?p=5885#comment-33143 @Matt Nolan
That’s a really long way to say, “I agree” 😉

]]>
By: Matt Nolan http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33142 Tue, 05 Apr 2011 02:17:55 +0000 http://www.tvhe.co.nz/?p=5885#comment-33142 @rauparaha

People were starting to get there with trade – then this crisis convinced people we need to arbitrarily do things just because, which includes anything that attacks foreigners like trade-protectionism.

Hey hey – Kaldor-Hicks provides SOMETHING. It should just be applied more carefully. I mean if we could frame it in the most general terms, then any moral framework could be seen as a derivative of Kaldor-Hicks – it is the application of it where there are issues.

]]>
By: rauparaha http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33141 Tue, 05 Apr 2011 02:13:15 +0000 http://www.tvhe.co.nz/?p=5885#comment-33141 If economists ever manage to persuade politicians/voters that trade is not a zero-sum game then I think it will be a marvellous achievement. Then again, when economists give up the idea of Kaldor-Hicks being a worthwhile measure of welfare improvement I will probably also cheer 😛

]]>
By: Matt Nolan http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33139 Tue, 05 Apr 2011 01:06:48 +0000 http://www.tvhe.co.nz/?p=5885#comment-33139 @Eric Crampton

Yar, I remember that piece.

I read it a little differently – it was showing what people with low incomes purchased, and many of these purchases fall into what we call “discretionary goods”. However, given the difficultly of defining what a need is and what a want is the very fact that the very poor are still spending on things we would view as “discretionary” really suggests that some minimum level of them is necessary.

In other words, people value things that some may see as unnecessary a lot higher than we would expect – really suggesting that the moral conception of “need” and “want” often used for policy can be inappropriate.

I realise the paper didn’t say that – it was just the lesson I took from it at the time.

]]>
By: Eric Crampton http://www.tvhe.co.nz/2011/04/05/looking-at-the-wrong-place-on-inequality/#comment-33138 Tue, 05 Apr 2011 00:58:04 +0000 http://www.tvhe.co.nz/?p=5885#comment-33138 You’ve read the JEP piece, “Economic Lives of the Poor”? Even poorest seem to have discretionary funds.

]]>