income inequality
How do you avoid violent redistribution of wealth?: Gradualists
The slow way Look, I know what Sweden sounds like at this point. I know we cite it constantly. But here is why we keep going back: in 1951, Sweden’s top marginal rate was 58 percent, union membership stood at 70 percent, and the Gini coefficient was among the lowest in the... Why does wealth keep concentrating?: Austrian school
The Sunday heist On March 15, 2020, the Federal Reserve cut rates to zero and announced unlimited quantitative easing. Within two years, the balance sheet swelled from $4.2 trillion to $9 trillion. The S&P rose 40 percent. Home prices rose 34 percent.... The Open Question Feb 25: What's the future of America? Are we (USA) in a decline? Are we thriving? Does it matter? Think The Fourth Turning, Ray Dalio's changing world order, The Decline of the Roman Empire, rise of China, and whatever else you bring.
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this makes me think: I'm not a history buff, but a few years ago I read The Lessons of History by Will & Ariel Durant, and it changed my mind about income inequality—I used to think, "As long as the lives of the lowest are improving, why does the gap matter?" But then the Durants...