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Money and Macro – REALLY!? The Dutch Economy is the Most Unequal? – a Response to Economics Explained

Summary:
I think I put the Economics Explained video about how the Netherlands had the highest wealth inequality in the world, although its income enequality was one of the lowest. It didn't seem to make sense, but when I thought about it I saw that it was possible how the gap in wages between the top and lowest earners could be small, say between CEOs and waiters, but company owners could still earn terrific wealth, like the way rock stars could, or authors of some of the world's biggest selling books. Anyway, Economic Explained actually got out all completely wrong.Economics Explained started out good, but seemed to go more and more neoliberal. [embedded content]Money and Macro - REALLY!? The Dutch Economy is the Most Unequal? - a Response to Economics Explained

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 I think I put the Economics Explained video about how the Netherlands had the highest wealth inequality in the world, although its income enequality was one of the lowest. It didn't seem to make sense, but when I thought about it I saw that it was possible how the gap in wages between the top and lowest earners could be small, say between CEOs and waiters, but company owners could still earn terrific wealth, like the way rock stars could, or authors of some of the world's biggest selling books. Anyway, Economic Explained actually got out all completely wrong.


Economics Explained started out good, but seemed to go more and more neoliberal. 




Money and Macro - REALLY!? The Dutch Economy is the Most Unequal? - a Response to Economics Explained

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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