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Paul Krugman: Economics of Innovation, Automation, Safety Nets & Universal Basic Income
Lex Fridman Podcast
What Are Some Metrics You Keep an Eye On?
The genie coefficient is a measure of inequality. It usually tracks with other measures, but the trouble is there's no sort of natural interpretation of it. We have somehow managed to produce a crueler society than almost any other wealthy country for no good reason. How do you know a decent society? Well, you kind of know it when you see it. Where is America stand on that? Our society, there are a lot of virtues to America, but there's a level of harshness, brutality,. An ability for somebody who just has bad luck to fall off the edge that should be happening in a country as rich as ours.
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