Word: ands
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Dates: during 2000-2009
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So is an emphasis on GDP growth misleading? RW: Increases in income and economic growth are important in poorer countries where food, shelter and clean water are important. But when it's a matter of getting more cars per household or higher-quality electronics, it doesn't translate to well...
How can we achieve more income equality in a market economy? RW: Some relatively equal societies, such as Japan, and some states such as New Hampshire have smaller differences between earnings before taxes and benefits. The other way is to start off like Sweden does - with large inequalities between earnings...
You believe an emphasis on economic equality could help the battle against climate change. How? RW: The biggest challenge to slowing carbon emissions is consumerism. Consumerism is driven by status competition and is intensified by inequality. Further, more-equal societies are more willing to think about the common good and...
KP: Since we finished the book, we?ve found that more-equal societies are more innovative in terms of patents granted per capita. This is probably because they develop more human capital. Kids do better in school, and social mobility is higher. We need innovation to tackle climate change.
Dear President Obama, So nice to hear from you, and let me just say that it's an honor to be pen pals with a third American President. (Your letter has joined the ones I received from Bush and Clinton in pride of place on my office bulletin board.) I...