Word: ares
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Dates: during 2000-2009
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RW: Vermont or perhaps New Hampshire. But the point is that at any given level of income, education or occupational level, you are better off in a more-equal state. You will be less likely to have mental illness, and your children will be more likely to avoid drugs or...
How did you define income equality? RW: There are many measures. We compared the gap between the richest and poorest 20% of households in each society. You can use more sophisticated indicators like the gini index, but they produce broadly the same answers.
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...
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.