The Pope has strong views about inequality because he has a theory, and doesn’t need data.
One of Canada’s most prominent pundits has strong views about inequality because he has data, and doesn’t need theory.
I’ll probably never convince either of them to change their views, but maybe I can convince you with both theory and data.
Give me the chance by reading my just published paper, “Inequality is the root of social evil,’ or Maybe Not? Two Stories about Inequality and Public Policy.”
I tell two stories about inequality. The first is from the perspective of those who feel it is not a problem worth the worry, and the second from the perspective of those who see it as “the defining challenge of our time.” I tell these stories to clarify their underlying logic, but also to clarify both the challenges facing Canadians and our understanding of what public policy should do about them.
But I have another motive. I would like you to appreciate the value of economic theory and statistical methods to a public policy discussion of this sort. It seems to me that without an appreciation of some basic elements of theory and measurement, it is too easy for the policy conversation to go astray.
Download a free copy from the publisher’s website—Canadian Public Policy, December 2016—and tell me what you think.