Matthew Yglesias

@mattyglesias ↗

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Last Checked Nov. 25, 2019

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Mon Sep 30 01:52:34 +0000 2019

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Matthew Yglesias @mattyglesias

I think there’s also an intuition that in a world without Beyoncé there’d genuinely be no Beyoncé songs whereas in a world without Mark Zuckerberg we’d have MySpace or Friendster or Orkut as the winner-take-all player in that market. — PolitiTweet.org

Posted Sept. 30, 2019 Hibernated

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Matthew Yglesias @mattyglesias

Robert Nozick and other leading intellectual defenders of inequality tend to use superstar entertainers as their preferred examples because these forms of wealth accumulation tend to involve clearly win-win transactions with no question of exploitation or system-rigging. — PolitiTweet.org

What's your best explanation as to why sports, music, etc get a pass when it comes to the inequality in their field… https://t.co/ZcYQQnYMdk

Posted Sept. 30, 2019 Hibernated

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Matthew Yglesias @mattyglesias

Personally, I tend to hang the case for more egalitarian economic policy pretty solidly on the diminishing marginal utility of money so I don’t think these moralistic distinctions are that important. But as a serious answer to the question, those are two big factors. — PolitiTweet.org

Posted Sept. 30, 2019 Hibernated