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Is Absolute Prosperity More Important Than Inequality?
There's some weird interaction between raising absolute levels of wealth and insuring that inequality doesn't exceed some hypothetical optimum. People, if they sense that the system is basically fair, that either greater effort, talent or even luck result in an unequal distribution, an impartial lottery, for example, they're ok with that. Noinatrs, countries like sweden are very galetarian, buthere also very rich. And so it takes a little bit of statistical wizardry to tie them apart.