tag:blogger.com,1999:blog-20692053.post6746783681989248223..comments2023-11-03T06:35:48.003-05:00Comments on Shark and Shepherd: Same as it ever was?Rick Esenberghttp://www.blogger.com/profile/07280070509167910367noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-20692053.post-56404740389126134672012-02-14T15:05:56.787-06:002012-02-14T15:05:56.787-06:00See also this interview with UChicago economist Br...See also <a href="http://www.econtalk.org/archives/2011/10/bruce_meyer_on.html" rel="nofollow">this interview with UChicago economist Bruce Meyer</a>. As you say of the studies you cite, it doesn't end the debate, but I really enjoyed the way he illustrated the complexity of even defining the question, let alone testing it properly.<br /><br />I think he even misses one point: adjusting for inflation by using one number across the board isn't quite right -- if the goods that rich people buy go up in price faster than the goods poor people buy, nominal (or CPI-U adjusted) numbers will overstate increases in inequality. I think that was the case for most of the last few decades, though food and energy prices have jumped in the last few years.Stevenhttps://www.blogger.com/profile/06090531523789747157noreply@blogger.com