Matthew Yglesias

@mattyglesias ↗

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Last Checked Feb. 15, 2023

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Wed Nov 30 13:23:47 +0000 2022

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Matthew Yglesias @mattyglesias

A traditional concern is that redistribution is a “leaky bucket” with large efficiency costs but we in fact have many leaky buckets of upwards redistribution. https://t.co/P3JPpCEWWF — PolitiTweet.org

Posted Nov. 30, 2022 Hibernated

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Matthew Yglesias @mattyglesias

Absolutely — but note that happiness scaling linearly with the *log* of income means there are large gains from redistribution. — PolitiTweet.org

BS: "Happiness doesn't increase above $75,000" Truth: "Well-being rises linearly with log income (and doesn't reac… https://t.co/1cDLIzN18S

Posted Nov. 30, 2022 Hibernated

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Matthew Yglesias @mattyglesias

@Itsjoeco Absolutely, it’s a big industry in the city — PolitiTweet.org

Posted Nov. 30, 2022 Hibernated