I don't believe the debate was fair. I think there are people who are simply better activating and better at taking ad hoc questions than others some people just are quicker on their feet but that doesn't mean that their ideas are better or that their arguments are better
It is very surprising that Gini index was not discussed nor even mentioned during this debate. Also, 30:16 Robert Kuttner sounds very certain about why different groups of people voted for Trump. Either he really understands that, thus being perhaps the only one in the world to have a clear picture of this very complex issue, or he exhibits a pronounced Dunning-Kruger effect. A bit of humility would go a long way. In contrast, Tyler Cowen said a number of times that he was not sure he understood certain issues well enough to offer s solution, and these were indeed complicated issues.
Tyler Cowen as usual, a tour de force. The other guy is a lightweight by comparison though just about everyone is so I don’t hold it against him. Tyler is just too smart for these ideological hacks.
It's extremely telling that the key statistic that the EPI and Kuttner keep citing (that productivity and wages have diverged) was called out as fake by Cowen, and Kuttner made no response! Either the chart is cooked up using two different inflation deflators or it's not. Kuttner must know, so he must either acknowledge it (and promise to correct it) or say that Cowen's accusation is false. Given his silence, we know which one it is.
I don't believe the debate was fair. I think there are people who are simply better activating and better at taking ad hoc questions than others some people just are quicker on their feet but that doesn't mean that their ideas are better or that their arguments are better
It is very surprising that Gini index was not discussed nor even mentioned during this debate.
Also, 30:16 Robert Kuttner sounds very certain about why different groups of people voted for Trump. Either he really understands that, thus being perhaps the only one in the world to have a clear picture of this very complex issue, or he exhibits a pronounced Dunning-Kruger effect. A bit of humility would go a long way.
In contrast, Tyler Cowen said a number of times that he was not sure he understood certain issues well enough to offer s solution, and these were indeed complicated issues.
There is a big difference between income inequality and wealth inequality. Wealth inequality is getting worse and is the problem
Tyler Cowen as usual, a tour de force. The other guy is a lightweight by comparison though just about everyone is so I don’t hold it against him. Tyler is just too smart for these ideological hacks.
100%.
It's extremely telling that the key statistic that the EPI and Kuttner keep citing (that productivity and wages have diverged) was called out as fake by Cowen, and Kuttner made no response! Either the chart is cooked up using two different inflation deflators or it's not. Kuttner must know, so he must either acknowledge it (and promise to correct it) or say that Cowen's accusation is false. Given his silence, we know which one it is.