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OfflineDungenessDank
Lord of the Flies


Registered: 05/05/08
Posts: 9,372
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America's Wealth Distribution
    #483525 - 09/29/10 03:46 PM (13 years, 5 months ago)


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OfflineDieCommie


Registered: 04/20/08
Posts: 214
Loc: West of the Wall
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Re: America's Wealth Distribution [Re: DungenessDank]
    #483569 - 09/29/10 07:36 PM (13 years, 5 months ago)

Is this assuming that wealth scales linearly with dollars?  I dont think it does.

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InvisibleFurrowedBrowM
Free yourself from yourself
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Registered: 04/20/08
Posts: 12,041
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Re: America's Wealth Distribution [Re: DungenessDank]
    #483571 - 09/29/10 07:46 PM (13 years, 5 months ago)

:lol:  What in the fuck makes you think we would be able to understand that?


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OfflineDungenessDank
Lord of the Flies


Registered: 05/05/08
Posts: 9,372
Loc: PNW
Last seen: 10 years, 10 months
Re: America's Wealth Distribution [Re: FurrowedBrow]
    #483572 - 09/29/10 07:51 PM (13 years, 5 months ago)

Its actual vs what certain demographics think it is, and what they think would be fair.

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OfflineNobodyImportant
Science Is Subculture
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Re: America's Wealth Distribution [Re: DungenessDank]
    #483593 - 09/29/10 08:41 PM (13 years, 5 months ago)

Id say thats pretty accurate

and FB, the top one is the actual wealth distribution, the bottom ones are the assumed wealth distribution by people of the people in that income range, and then the bottom section is what they say it should be in I guess a "fair" world


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OfflineDungenessDank
Lord of the Flies


Registered: 05/05/08
Posts: 9,372
Loc: PNW
Last seen: 10 years, 10 months
Re: America's Wealth Distribution [Re: NobodyImportant]
    #483599 - 09/29/10 09:14 PM (13 years, 5 months ago)

America subconsciously wants to be socialist, but it can't pull its collective head out of its ass to realize it.

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InvisibleFurrowedBrowM
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Re: America's Wealth Distribution [Re: DungenessDank]
    #483602 - 09/29/10 09:27 PM (13 years, 5 months ago)

Quote:

We next explored how demographic characteristics of our respondents affected these estimates. Figure 3 shows these estimates broken down by three levels of income, by whether respondents voted for George W. Bush (Republican) or John Kerry (Democrat) for United States president in 2004, and by gender. Males, Bush voters, and wealthier individuals estimated that the distribution of wealth was relatively more equal than did women, Kerry voters, and poorer individuals; for estimates of the ideal distribution, on the other hand, these same groups (males, Bush voters, and the wealthy) desired relatively more unequal distribution than their counterparts.  Despite these (somewhat predictable) differences, what is most striking about Figure 3 is its demonstration of much more consensus than disagreement among these different demographic groups. All groups – even the wealthiest respondents – desired a more equal distribution of wealth than what they estimated the current United States level to be, while all groups also desired some inequality – even the poorest respondents. In addition, all groups agreed that such redistribution should take the form of moving wealth from the top quintile to the bottom three quintiles. In short, while Americans tend to be relatively more favorable toward economic inequality than members of other countries (Osberg & Smeeding, 2006), Americans’ consensus about the ideal distribution of wealth within the United States appears to dwarf their disagreements across gender, political orientation, and income.




wasnt a long read at all.

http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf


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