Dreadnought

Age of Wisdom, Age of Foolishness, Part (5) Written by Adam Whitehead, KeySignals.com Age of Wisdom, Age of Foolishness (4) “End of the Cycle” observed “the new seeds of global conflict developing in what Professor Peter Turchin[i] has referred to as ‘Rich, Overeducated Elites’[ii]; attempting to prolong the duration of the current Fin de Siècle, …

Central Banks are Directly Changing Income Distribution

The Supply-side, Demand-side Keynesian Split by Dirk Ehnts, Econoblog101 The fact that quantitative easing (QE) leads to a distribution of wealth has been the topic of a recent McKinsey paper, which includes the following graph:

Rising Wealth-to-Income Ratios, Inequality, and Growth

by Thomas Piketty and Gabriel Zucman This article was originally posted on Voxeu.org on Sep. 26, ’13 According to many measures, inequality has been increasing in the developed world and is now approaching pre-war levels. Income inequality does not tell the whole story. This column documents the increase in the ratio of private wealth to …

Insane Levels of Inequality

Insane Levels of Inequality – Which Hurt the Economy – Are Skyrocketing by Washington’s Blog, Washington’s Blog Preface: All capitalist systems have some inequality.  We don’t want to prevent all inequality … just economy-wrecking levels: Lawrence Katz, a Harvard economist, adds that some inequality is necessary to create incentives in a capitalist economy but that …

The Real Cliff of Concern – Loss of the Middle Class

Written by Steven Hansen A recent Chart of the Day entitled “The 5% Of American Households That The Fiscal Cliff Debate Is Really About” got me thinking – is the problem “really” that the rich are taxed too little? “Compare the income thresholds [that were] being debated in fiscal cliff negotiations with the actual income …