{"id":179,"date":"2015-05-02T07:29:31","date_gmt":"2015-05-01T22:29:31","guid":{"rendered":"http:\/\/balldiamondball.com\/blog\/?p=179"},"modified":"2017-07-06T19:42:10","modified_gmt":"2017-07-06T10:42:10","slug":"prosperity","status":"publish","type":"post","link":"https:\/\/balldiamondball.com\/blog\/prosperity\/","title":{"rendered":"Prosperity"},"content":{"rendered":"

In the face of amazing prosperity, we hear that minorities and such are worse off than ever before. Since the professional worriers cannot stand on absolutes, they retreat to the relative differences of “inequality”. But what if the typical measurements of inequality are also caught up in prosperity? As even the poorest of American poor tend to live better than the middle class of a hundred years ago or even in the majority of the world today, it seems incongruous that American poor have it so bad. Is inequality really so out of hand that this is unbearable? Perhaps the problem is one of measurement.
\n[mantra-pullquote align=”left|center|right” textalign=”left|center|right” width=”33%”]Are current measures of inequality based on things which mask the effects of prosperity?[\/mantra-pullquote] Are current measures of inequality based on things which mask the effects of prosperity? For example, income may be one way to sort people, but a person who receives income from work seems richer than one who receives government services directly. But the working person is giving up (say) eight hours every day, which the welfare mooch is sitting at home, awash in the only real wealth — leisure. This is made possible by prosperity, one more effect of the supposed “failure of capitalism”.
\nI’ll have to look at this in more detail, but for now, it’s a thought.<\/p>\n

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In the face of amazing prosperity, we hear that minorities and such are worse off than ever before. Since the professional worriers cannot stand on absolutes, they retreat to the relative differences of “inequality”. But what if the typical measurements of inequality are also caught up in prosperity? As even the poorest of American poor tend to live better than the middle class of a hundred years ago or even in the majority of the world today, it seems incongruous that American poor have it so bad. Is inequality really so out of hand that this is unbearable? Perhaps the problem is one of measurement.
[mantra-pullquote align=”left|center|right” textalign=”left|center|right” width=”33%”]Are current measures of inequality based on things which mask the effects of prosperity?[\/mantra-pullquote] Are current measures of inequality … Continue reading → <\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-179","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/comments?post=179"}],"version-history":[{"count":4,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/179\/revisions"}],"predecessor-version":[{"id":190,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/179\/revisions\/190"}],"wp:attachment":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/media?parent=179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/categories?post=179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/tags?post=179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}