Capitalism to Egalitarians: You're Welcome!
I’ve posted on this paper once already, but it really, really, really deserves more attention. And people pay attention to Steven Levitt, so listen to him: According to two of my University o…
This argument about the poor facing a lower inflation rate (i.e. "consumption inequality") was started ~2008 by Christian Broda and promoted by a big network of those arguing against inequality worries (see link for an example). Then Broda....disappeared.