Relevant:
- Insane Levels of Inequality -- Which Hurt the Economy -- Are Skyrocketing
- Charles Hugh Smith: A Critique of Piketty's Solution to Widening Wealth Inequality
- Draghi CARES About Europe's Inequality -- But Don't Touch Monetary Policy To Fix it!
- Quantitative Easing Benefits the Super-Elite ... And Hurts the Little Guy and the American Economy
- Inequality: the nexus of wealth and debt | Coppola
2013-04-08 — ritholtz.com
``If runaway inequality is so harmful to our economy -- and if most people don't want so much inequality -- why is inequality becoming more and more extreme?
The short answer is because the super-elite want it. The rest of this post sets forth the details. (By pointing out that inequality is skyrocketing, we're not calling for a redistribution of wealth downward. We're calling for an end to policies which allow wealth to be concentrated in a few hands.)''
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