Wealth Distribution

From: Lee Corbin (lcorbin@tsoft.com)
Date: Tue Jul 24 2001 - 19:28:47 MDT

Carlos wrote

> But the statistics I've read for Argentina show a continued
> increase in income concentration on behalf of the 10% or so
> of the population that forms the upper class.

Can you also claim that the increase in *concentration* among
the upper clase takes place without the other classes actually
becoming better off (in real terms) too?

(Uhhh, as with a number of my questions, I don't mean them to
be necessarily making a point---I want to mainly learn something.)

Dehede011@aol.com (Ron h.) writes in response to Carlos:

> Please allow me to nit pick or quibble with your conclusions. I
> believe if you read The Bell Curve by Herrnstein and Murray
> you will find out they contend that another force is at play.
> Our world wide economy is increasingly high tech and pays a
> premium for excellence and intelligence.

I claim that an *increase* in the *concentration* of top-class
wealth is a positive sign, because (I also claim) it is so
historically well-correlated with general advances in society
and richer economies.


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