Learning From Data Is a Good Idea

There's a misunderstanding of how economic systems tend to work, he says. We can have more contex, specific, refined model than just purely market - and democracy in the way we think of it. To create that sort of inequality, you just need one thing, which is luck,. You can make it even worse with things like inheritance. And so when we look at things like hard and talent and morian distributions, they don't mimic reality itself.