A Quote by Angus Deaton
Inequality is an enormously complicated thing that is both good and bad.
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The same thing can be both good and bad. Whenever you speak of good, bad is also present. The world is a mixture of both. There is not good without bad. They are both sides of the same coin. Both are necessary. We have been given free will and discriminating capacity to select what is beneficial to us and to avoid what is detrimental to us. Even Cobra poison can be used as medicine.
I'm very keen that we have this debate about the good parts of inequality and the bad parts of inequality. It's not a one-sided thing.
To view your life as blessed does not require you to deny your pain. It simply demands a more complicated vision, one in which a condition or event is not either good or bad but is, rather, both good and bad, not sequentially, but simultaneously.
And what we students of history always learn is that the human being is a very complicated contraption and that they are not good or bad but are good and bad and the good comes out of the bad and the bad out of the good, and the devil take the hindmost.
Rising inequality is toxic to growth. High levels of inequality exclude people - both as innovators and customers - diminishing both innovation and demand.
The thing that I love about 'Scandal' is every character, it's not clear if they're good or bad. Everyone is both good and bad.
To me this question whether liberty is a good or a bad thing appears as irrational as the question whether fire is a good or a bad thing. It is both good and bad according to time, place, and circumstance, and a complete answer to the question, In what cases is liberty good and in what cases is it bad? would involve not merely a universal history of mankind, but a complete solution of the problems which such a history would offer.
Parents' ability to survive a child's unabating needs, wants, and demands...varies enormously. Some people can give and give....Whether children are good or bad, brilliant or just about normal, enormously popular or born loners, they keep their cool and say just the right thing at all times...even when they are miserable themselves, inexhaustible springs of emotional energy, reserved just for children, keep flowing unabated.
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.
One of my problems with terrorism is that it's self-evidently bad. The main thing that makes it complicated is the fact that it works. When you go at it with a moral hammer, it's really, really bad. It's so bad you wouldn't believe it because you don't accomplish anything. I think the one thing terrorists themselves are vulnerable to is mockery. It's an excellent weapon.
Men are both bad and awful. And women are both bad and awful. And they can both be good and wonderful on both sides.
True education makes for inequality; the inequality of individuality, the inequality of success, the glorious inequality of talent, of genius.
When it comes to partisan politics, everyone is a hypocrite. And all they care about is whether it hurts or helps them ... Is it good or bad for the Democrats? Is it good or bad for the Republicans? Is it good or bad for Jews, or good or bad for blacks, or is it good or bad for women? Is it good or bad for men? Is it good or bad for gays? That's the way people think about issues today. There is very little discussion of enduring principles.
Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.
It's complicated, being an American, Having the money and the bad conscience, both at the same time.
What they [ ruling elite] understand is that matters of desire, subjectivities, identities matter. And they take the cultural apparatuses that they control enormously, enormously, in an enormously important way.
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