Tag: Economics
Thomas Piketty: Is Increasing Inequality Inevitable? – YouTube
“His (Piketty’s) argument, based on current and historical data, is that wealth is becoming more important because now that the rate of return on capital is higher than the rate of economic growth. When this happens, the gap between rich and poor gets bigger. In the past century wars and … Continue Reading Thomas Piketty: Is Increasing Inequality Inevitable? – YouTube
Money for nothing. Kicks for the free
From The Conversation (5 April 2016): What to do when machines take our jobs? Give everyone free money for doing nothing. On the benefits of a universal basic income (UBI)