That article is behind a paywall of sorts, but I read the printed version today. It certainly shines a light on a bunch of very difficult measurement questions in the areas of income and wealth. And it is hard to avoid the feeling that the Piketty, Saez & Guzman trio are very sensitive about criticism of their methods. The Pink Floyd and Abba references in the headlines also added some levity.Interesting article from The Economist, questioning the conventional wisdom: https://www.economist.com/briefing/2019/11/28/economists-are-rethinking-the-numbers-on-inequality
The difference in income is a side-effect. It is the control of how this income is determined and distributed is the key.That article is behind a paywall of sorts, but I read the printed version today. It certainly shines a light on a bunch of very difficult measurement questions in the areas of income and wealth. And it is hard to avoid the feeling that the Piketty, Saez & Guzman trio are very sensitive about criticism of their methods. The Pink Floyd and Abba references in the headlines also added some levity.Interesting article from The Economist, questioning the conventional wisdom: https://www.economist.com/briefing/2019/11/28/economists-are-rethinking-the-numbers-on-inequality
[Stupid comment deleted]Ireland has the fifth largest number of billionaires in the world, relative to its population.
https://www.oxfamireland.org/blog/billi ... th-billion
This does not compute.
Jim Clarken, Oxfam Ireland Chief Executive, said: “Sexist economies are fuelling the inequality crisis — enabling a wealthy elite to accumulate vast fortunes at the expense of ordinary people and particularly women and girls. Our upside-down economic system deepens inequality by chronically undervaluing care work – usually done by women and girls.
Perfetto! ;-D[Stupid comment deleted]Ireland has the fifth largest number of billionaires in the world, relative to its population.
https://www.oxfamireland.org/blog/billi ... th-billion
This does not compute.
Jim Clarken, Oxfam Ireland Chief Executive, said: “Sexist economies are fuelling the inequality crisis — enabling a wealthy elite to accumulate vast fortunes at the expense of ordinary people and particularly women and girls. Our upside-down economic system deepens inequality by chronically undervaluing care work – usually done by women and girls.
Falsetto!Perfetto! ;-D[Stupid comment deleted]Ireland has the fifth largest number of billionaires in the world, relative to its population.
https://www.oxfamireland.org/blog/billi ... th-billion
This does not compute.
Jim Clarken, Oxfam Ireland Chief Executive, said: “Sexist economies are fuelling the inequality crisis — enabling a wealthy elite to accumulate vast fortunes at the expense of ordinary people and particularly women and girls. Our upside-down economic system deepens inequality by chronically undervaluing care work – usually done by women and girls.
Only a man could say something like that.[Stupid comment deleted]Ireland has the fifth largest number of billionaires in the world, relative to its population.
https://www.oxfamireland.org/blog/billi ... th-billion
This does not compute.
Jim Clarken, Oxfam Ireland Chief Executive, said: “Sexist economies are fuelling the inequality crisis — enabling a wealthy elite to accumulate vast fortunes at the expense of ordinary people and particularly women and girls. Our upside-down economic system deepens inequality by chronically undervaluing care work – usually done by women and girls.