The short guide to Capital in the 21st Century 1. The ratio of wealth to income is rising in all developed countries. 2.Absent extraordinary interventions, we should expect that trend to continue. 3.If it continues, the future will look like the 19th century, where economic elites have predominantly inherited their wealth rather than working for it. 4.The best solution would be a globally coordinated effort to tax wealth. vox/2014/4/8/5592198/the-short-guide-to-capital-in-the-21st-century
Posted on: Wed, 09 Apr 2014 18:22:53 +0000
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