Is There an Ideal Amount of Income Inequality?

Prof. Venkatasubramanian talks about his experiences leading to the publication of his book How much Inequality Is Fair? In this article he talks about ideal income inequality, the notion of inequality being bad, his theory called "Statistical Teleodynamics", and how his career as a chemical engineer helped him understand Inequality. 

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Columbia Affiliations
Center for the Management of Systemic Risk (CMSR)