Comments on: Measuring inequality (with contest results) http://cafehayek.com/2008/08/measuring-inequ.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Martin Brock http://cafehayek.com/2008/08/measuring-inequ.html/comment-page-1#comment-29469 Martin Brock Sun, 31 Aug 2008 05:07:42 +0000 http://localhost/wordpress/?p=3089#comment-29469 <p>Decreasing household size accounts for some of the decline in the rate of increase in household income for the bottom 90%. I've made this point myself for years. The starkest change in the chart is the ten-fold increase in the rate of increase for the income of the top one percent, and Russ hardly addresses this change at all. Why is that? Discussing the income of very wealthy people is simply taboo?<br /> </p> Decreasing household size accounts for some of the decline in the rate of increase in household income for the bottom 90%. I've made this point myself for years. The starkest change in the chart is the ten-fold increase in the rate of increase for the income of the top one percent, and Russ hardly addresses this change at all. Why is that? Discussing the income of very wealthy people is simply taboo?

]]> By: Dr. T http://cafehayek.com/2008/08/measuring-inequ.html/comment-page-1#comment-29468 Dr. T Fri, 29 Aug 2008 19:00:15 +0000 http://localhost/wordpress/?p=3089#comment-29468 <p>I was surprised that you ignored my observation: the entire metric (gross income) is poor. The true metric should be adjusted income (income + government subsidies - all taxes).</p> <p>The main point about changes in household composition is important, too, but using the wrong income measure is, in my opinion, a bigger problem.</p> I was surprised that you ignored my observation: the entire metric (gross income) is poor. The true metric should be adjusted income (income + government subsidies – all taxes).

The main point about changes in household composition is important, too, but using the wrong income measure is, in my opinion, a bigger problem.

]]> By: SteveO http://cafehayek.com/2008/08/measuring-inequ.html/comment-page-1#comment-29467 SteveO Fri, 29 Aug 2008 16:47:13 +0000 http://localhost/wordpress/?p=3089#comment-29467 <p>And I get nothing. I will go hang my head in shame.</p> <p>Congrats LCJoe. </p> And I get nothing. I will go hang my head in shame.

Congrats LCJoe.

]]> By: Charlie http://cafehayek.com/2008/08/measuring-inequ.html/comment-page-1#comment-29466 Charlie Fri, 29 Aug 2008 15:04:19 +0000 http://localhost/wordpress/?p=3089#comment-29466 <p>"How important is this effect? I don't know."</p> <p>-Russ</p> <p>Are you just making a methodological complaint or are you arguing that inequality hasn't risen over the period in question?</p> <p>If it is the latter, if I post data showing increases in within group inequality, will that change your opinion at all? Will you have a post saying "Inequality has risen"?</p> <p>My point is that the answere to the question I quote at the top is known. If presented with that new data, will you opinions/beliefs about anything change?</p> <p>Charlie</p> "How important is this effect? I don't know."

-Russ

Are you just making a methodological complaint or are you arguing that inequality hasn't risen over the period in question?

If it is the latter, if I post data showing increases in within group inequality, will that change your opinion at all? Will you have a post saying "Inequality has risen"?

My point is that the answere to the question I quote at the top is known. If presented with that new data, will you opinions/beliefs about anything change?

Charlie

]]> By: Charlie http://cafehayek.com/2008/08/measuring-inequ.html/comment-page-1#comment-29465 Charlie Fri, 29 Aug 2008 14:37:19 +0000 http://localhost/wordpress/?p=3089#comment-29465 <p>Sorry about the multiple postings. Technical differences over here.</p> Sorry about the multiple postings. Technical differences over here.

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