I’ve been on the beat of income inequality since I started blogging here. My theory: We changed the way we make money from one of making it from producing (polishing rocks into tools) to one of making money from money. When you can make money from moving money, you don’t need to compete. Just buy back your stock, just collect rents, just get your tax cuts. The World Bank has a new report out on Inequality 2018. I want to direct you to a chart that...
Read More »