Bad Quote by Angus Deaton
“It is true that globalization has fueled greater income inequality. But much of this increase should be welcomed, not condemned. There is nothing inherently bad about inequality. Whether it is bad depends on how it comes about and what it does.”
About This Quote
Globalization can widen gaps, but inequality isn’t inherently bad; its impact depends on origins and outcomes.
In simple terms: Iquality isn’t always negative.
Key Takeaway
Assess causes, address harms.
Themes
economics
globalization
inequality
Mood
analytical
concerned
Type
economic
policy
When to use this quote
- policy making
- economic analysis
- public debate
- social programs
Key Concepts
distribution
justice
policy
development
Questions to Reflect On
- What policies can reduce harmful inequality?
- When does inequality spur innovation?
A Different Perspective
Benefits may be uneven; some groups suffer.
