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The Rich Get Richer and the Poor, Poorer – But Why?

April 25, 2024

The Rich Get Richer and the Poor, Poorer – But Why? A Brief Digression into Heterodox Economics The rich get richer and the poor get poorer. The Parable of Talents, found in Matthew 25:24-30, is perhaps the earliest written statement of this famous aphorism: For unto every one that hath shall be given, and he […]

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Why Government Mostly Helps People Who Need It the Least…Even During a Crisis

July 18, 2020

Why Government Mostly Helps People Who Need It the Least…Even During a Crisis In January 2020, the NASDAQ stock market’s index stood just under 10,000. In the March crash, it fell to 7,000. As of July 10, 2020, it hit 10,600. The U.S. government’s economic policies produced a “recovery” for the rich who own the […]

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How long will the rich be willing to share the roads with the poor? 

January 24, 2018

How long will the rich be willing to share the roads with the poor?  In Ray Bradbury novel “Fahrenheit 451” we are told of a world with no private cars (above, a still from the 1966 movie by François Truffaut). Bradbury had correctly understood that dictatorships not only tend to burn books but also don’t like […]

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Warming means unfair share for poor

March 7, 2016

Warming means unfair share for poor A bumper catch off the coast of northern Norway may be bad news for fishermen in southern waters. Image: Bo Eide via Flickr As temperatures rise with climate change, the Earth’s natural capital will change too − but there may be few winners, even among the wealthy. LONDON, 5 March, 2016 – Climate […]

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Seven Things You Need to Know About Inequality

May 19, 2015

Seven Things You Need to Know About Inequality The gap between rich and poor is growing, but there are solutions, says The Tyee’s author of ‘A Better Place on Earth. In recent weeks I’ve had the chance to talk at launches in Victoria and Vancouver about economic inequality and my bestselling book A Better Place on […]

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We Live In An Era Of Dangerous Imbalances

February 15, 2015

We Live In An Era Of Dangerous Imbalances And history shows they correct painfully The intervention by the world’s central banks has resulted in today’s bizarro financial markets, where “bad news is good” because it may lead to more (sorry, moar) thin-air stimulus to goose asset prices even higher. The result is a world addicted to debt […]

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States Consider Increasing Taxes for the Poor and Cutting Them for the Affluent

February 14, 2015

States Consider Increasing Taxes for the Poor and Cutting Them for the Affluent A number of Republican-led states are considering tax changes that in many cases would have the effect of cutting taxes on the rich and raising them on the poor. Conservatives are known for hating taxes but particularly hate income taxes, which they […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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