Saturday, May 31, 2014

The Book on Inequality You Should Be Reading

Escapes leave people behind, and luck favors some and not others; it makes opportunities, but not everyone is equally equipped or determined to seize them. So the tale of progress is also the tale of inequality.... 
This book is about the endless dance between progress and inequality, about how progress creates inequality, and how inequality can sometimes be helpful -- showing others the way, or providing incentives for catching up -- and sometimes unhelpful -- when those who have escaped protect their positions by destroying the escape routes behind them. 
That is from The Great Escape: health, wealth, and the origins of inequality by Angus Deaton.

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