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This is a plausible argument I haven't looked at before - thanks! Going to dig into this one this weekend.

I wonder if we could construct a decent model incorporating education level, economic freedom, income level, income equality, and entrepreneurship.




I'd be very interested in hearing about what you turn up. I've been playing around with this idea as part of a prolonged debate I've had with a friend of mine over the purported benefits of inequality. His claim was essentially that it takes an obscenely wealthy patron to create a Mozart and outsized rewards to provide sufficient motivation.

Presumably the first thing to figure out is what affects an individual economic agent's long-term output. There are definitely a lot of factors. Here are some off the top of my head, fwtw:

- capital available - education level - area of interest - availability of good mentorship - intrinsic emotional/psychological motivating force of income inequality (this is what you referred to earlier) - individual's exposure to "culture" of innovation/productivity




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