There have been protests about the amount of income going to the top 1%. In of itself, I have never thought we could tell too much about what is the “right” distribution of income with a certain number – after all, we would expect the top 1% to have significantly more income in some sense. …
Category Archive: Political economy
Permanent link to this article: http://www.tvhe.co.nz/2011/11/16/the-top-1-a-few-facts/
Oct 20 2011
The trouble with desiring change for the sake of it
In a good post by Doug Reich (ht Not PC) he discusses why the current protests appear to have a great deal of “protesting for the sake of it” rather than having explicit – or testable – desires. The dangerous thing with such protests is the ability for someone to capture the crowd with a …
Permanent link to this article: http://www.tvhe.co.nz/2011/10/20/the-trouble-with-desiring-change-for-the-sake-of-it/
Oct 14 2011
A message to tomorrow’s protesters
Update: The protest that I’m arguing against in the first half of the post isn’t till the 5th of November (thanks Seamus!). However, my main critique in the second half applies to both protests insofar as the first protest is focused on inequality again. Personally I AGREE with a some of the issues being put …
Permanent link to this article: http://www.tvhe.co.nz/2011/10/14/a-message-to-tomorrows-protesters/
Sep 19 2011
Wealth distribution and demographics
A very good point from Stephen Gordon at Worthwhile Canadian Initiative that the growing concentration of wealth may, in part, be to do with changing demographics. Although I doubt this is the sole factor behind the growing concentration of wealth, it is a factor I’ve been thinking about – and that I’m keen to see …
Permanent link to this article: http://www.tvhe.co.nz/2011/09/19/wealth-distribution-and-demographics/
Sep 02 2011
A quick question … and an answer
From point 3 on this piece on Rates Blog we have the following statement: It’s good to see the issue of free trade being debated. Frankly, it hasn’t worked for the middle classes of the developed world. They got cheap stuff, but lost their jobs. How exactly does this make sense when during the “peak” …
Permanent link to this article: http://www.tvhe.co.nz/2011/09/02/a-quick-question/
Aug 30 2011
Robots, uber richness, unemployment: Points to keep in mind
I think the statement “points to keep” in mind is currently my favourite thing around … however, I digress and I haven’t actually started the post yet. Over at the Dim Post Danyl has an interesting point, derived from this post: If some future entrepreneur invents a labour saving device that makes them a multi-trillionaire …
Permanent link to this article: http://www.tvhe.co.nz/2011/08/30/robots-uber-richness-unemployment-points-to-keep-in-mind/
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