The Future of Everything The future of inequality
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Aug 22, 2025 
David Grusky, a Stanford University professor and expert on inequality, discusses the critical need to address the worst forms of inequality, like cronyism and racism. He emphasizes the importance of new research methods, including using AI-generated doppelgangers, to identify effective interventions. Grusky also critiques current taxation approaches and stresses the necessity for nuanced reforms to combat harmful inequality. With AI reshaping job quality, he highlights the profound cost of leaving talented individuals behind in an unequal system.
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Good Versus Bad Inequality
- David Grusky distinguishes "good" inequality (reward for real productivity) from "bad" inequality (payments exceeding product value due to power).
- Good inequality boosts GNP while bad inequality is merely a transfer from weak to powerful.
The Birth Lottery's Hidden Cost
- Birth lottery gives entrenched advantages that compound across education and networks, blocking talent from poorer backgrounds.
- This hidden privilege reduces overall GDP by leaving talent unused.
Economic Inequality As The Core
- Economic inequality is the core form because money shapes life chances and often creates status power.
- Nonfinancial amenities matter but usually flow from economic advantage.