Competition and Inequality
John argues that competition drives innovation and improves services, despite the discomfort it brings to established businesses. He emphasizes that the perceived rise in inequality is overstated, highlighting significant global progress in reducing poverty. Instead of focusing solely on inequality, he suggests that the real issue lies in the lack of opportunity for those at the lower end of the economic scale.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep 8 “Fair or Unfair: Do Competitive Markets Give Everyone a Chance?”
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