Vincent Geloso - What Effects Income Mobility?
The Curious Task
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Is There a Case for a Negative Income Tax?
There's positive effects, in fact, on allowing people near the bottom to rise up and there's good price theory mechanisms for this. I just think it's naive to my criticism of Peter's by the way parentage that generally the ideal welfare state cannot ever be achieved because it requires us to have an idealistic view of government which I do not hold. The effect of of income inequality is best seen over generations but within five year windows with James Dean. We track a person from 1992 say to 1997, and we observe tree things is did their income rise. Did how much of a proportional increase in income did they have, and did they have a relative rise so did they increase in dec
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