Word: moring
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Dates: during 2000-2009
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KP: Humans are highly social beings - we can either behave competitively or we can be cooperative. In more unequal societies, people are more out for themselves. Their involvement in community life drops away, and that?s corrosive.
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...
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...