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Matthew Yglesias

Matthew Yglesias - Matthew Yglesias is a fellow at the Center for American Progress Action Fund.
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Matthew Yglesias is a fellow at the Center for American Progress. His first book, with the working title Heads in the Sand: Iraq and the Strange Death of Liberal Internationalism, scheduled to be published next spring by John Wiley and co., deals with the Democratic Party's struggle to find a post-9/11 foreign policy, focusing primarily on the rise and (hopefully) fall of the liberal hawk movement.

Previously, he was a staff writer at The American Prospect and an Associate Editor at TPM Media, where he contributed to the group blogs Tapped and TPMCafe. His main blog, now at The Atlantic, has existed in various forms since the dark ages of the blogosphere in January 2002.

His writing has appeared in The Guardian, Slate, The New Republic, and The Washington Monthly, and he is a regular on BloggingHeads.tv and makes the occasional radio or television appearance.

Desperately out of touch with the American mainstream, Yglesias was born and raised in Manhattan and studied philosophy at Harvard where he was editor in chief of The Harvard Independent, a campus alternative weekly.

His latest writings can be found on the Matthew Yglesias blog.

The Perils of Equality

By Matthew Yglesias
May 29 2008, 11:49 AM ET Comment

[Matt]

I'd say the reason DC's ultra-high end dining scene doesn't hold up to some of the country's other major cities isn't only that our area isn't as big as a New York or a Chicago, but also that its economic structure is too egalitarian. Despite DC's high poverty rate, the metropolitan area is one of the wealthiest in the country. But it's wealthy in the sense of having lots of moderately well-off folks who get puzzled at the idea that $200,000 a year is a lot of money. What it doesn't have are many movie stars or hedge fund wizards or executives of huge companies.

If you go down one ratchet from the places like Per Se that David Park is wondering about, DC is full of excellent options (I like Zengo, Capital Grille, Ten Penh, Jaleo, DC Coast) but these are places that a decent swathe of Washingtonians can afford to go to now and again for a special occasion. I find the hyper-inequality on display in centers of financial services, entertainment, and technology is responsible for many things I find annoying, but it does create some positive externalities in terms of supporting the existence of institutions that wouldn't otherwise exist. At the end of the day, I don't think the fact that Pharaoh was able to build the pyramids makes the unjust political system of Ancient Egypt a good idea, but inequality is good for restaurants both in terms of driving demand for high-end food and creating a supply of restaurant labor.

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