Tag: Income inequality
-
How Globalization Shapes Income Inequality: Lessons from History and Modern Trends
in OpinionPoints in this article: Making money is a talent like many others People have many different talents and attributes. Some people are amazing artists, others are great at sports, some women might be extraordinarily attractive and they know how to leverage their looks, and some people are good at the game of making money. However,…
-
Why Young People Feel Hopeless About Money—and How to Change That
in OpinionI have a few young friends and family members, and I often try to spark their interest in the stock market, investing, or starting new ventures. Sometimes, I get a few nods and smiles; other times I get an eye roll, but most of the time I get ignored or dismissed. When I came to…
-
Why Elon Musk turned to the Right
in OpinionElon Musk is one of the business leaders I admire most. With the U.S. elections approaching and Elon Musk putting his support behind Donald Trump, I wanted to understand why, especially since he was once more aligned with the Democratic Party. His shift in political alliances is particularly interesting given that only a few years…
-
Johan Norberg, in defense of Capitalism
in podcastJohan Norberg is a Swedish author and historian of ideas, devoted to promoting economic globalization and what he describes as classical liberal positions. He is the author of: Marx and Engels were right when they observed in the Communist Manifesto that free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined. A century…
-
Margaret Thatcher on income inequality and Why the rich deserve to be richer
in OpinionMargaret Thatcher was a British Prime Minister and she was called the Iron Lady by friends and enemies. When people argue against income inequality, they would rather have the poor be poorer, provided that the rich where less rich. It doesn’t bother me that Elon Musk and Mark Zuckerberg are billionaires. I think that policies…
-
My friend struggles to pay the rent on time but has the money to buy a $2,500-puppie
in OpinionThere is a lot of talk about the lack of opportunity, about income inequality, unfairness in the labor market, and so on and so forth. We hear all those stories because there is a lot of truth to them. Yes, there is racial discrimination, gender discrimination, and many other kinds of discrimination. But the main…