The New Bazaar cover image

Trust me, I’m an economist

The New Bazaar

CHAPTER

Is There a Trade-Off Between Inequality and Maintaining Order?

There's a tension between being soeone different and just being weird. People dislike inequality, that we're always happier with more equal distributions of wealth. In the animal kingdom, you often see animals establish pecking orders to preserve hierarchy. This could be troubling though, because if you want a society that has a lot of social mobility, then people would have to work harder for their money.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner