We have studied this, and I'm not convinced you need any differences at all among people to generate the level of inequality we see. So yes, of course people are differently talented and hard-working but you'd get similar inequality if they weren't. @alex_adamou @bermanjoe twitter.com/ataiiam/status…

Tax cuts for the rich lead to higher income inequality. But they do not have any significant effect on economic growth or unemployment. Evidence for 18 OECD countries over 1965-2015 in this new paper published in Socio-Economic Review: pic.twitter.com/J3tCt8b1Fs