We got a partial win – Apple is ordered to pay back taxes. Big thanks to our new hero Margrethe Vestager. Make sure to send her a thank you tweet and tell her to go after the others. We found another hero – Nick Hanauer. He is a multi-billionaire and he wrote this piece, we love it so […]
Wealth Inequality
Open up the offshore tax havens to EVERYBODY!
Why can’t we all use tax havens? Why is it only multinational cooperations and really rich individuals that are able to use small islands in some warm place to stash away all their profits so they never have to contribute to our society? Apple could easily pay for 70% of the Us Federal budget for […]
Am I Weird When I Say That Wealth Inequality Is Dangerous?
Oxfam said that the wealth of the poorest 50% dropped by 41% between 2010 and 2015, despite an increase in the global population of 400m. In the same period, the wealth of the richest 62 people increased by $500bn (£350bn) to $1.76tn. Mark Goldring, the Oxfam GB chief executive, said: “It is simply unacceptable that […]
3 minutes to doomsday – are you prepared?
They turned the doomsday clock for the first time in three years. The Bulletin of Atomic Scientists, a group founded by the creators of the atomic bomb, say the world is now three minutes from a catastrophic midnight and the closest it has been in 30 years. The main reason the scientist think why we […]
Minimum wage – maximum tax
During my university education, we were taught that all what matters is shareholder value. The recent debate in the US about minimum wage is all about shareholder value. In human capital intensive industries (employing people is expensive and exhausting) shareholder value matters more than the people delivering the work being paid enough to live. Google […]
Leonardo DiCaprio Climate Summit 2014 & How Much (More) Should CEOs Make?
My feelings about the climate change happening can not be put in better words than those of Leonardo DiCaprio addressing the UN climate summit. We should act now. People are waking up slowly, we all see changes around us. It was the hottest September ever in The Netherlands. Felt like summer last few weeks. I stumbled upon […]
America’s growing wealth gap explained by a comedian
We are increasingly playing two different games – let’s play America ball! John Oliver explains it at around 12:00….
Inequality Exposed
I have read several good article about income inequality. They are all discussing a new book by Thomas Piketty (Professor at the Paris School of Economics) with the title: Capital in the Twenty-First Century I work with data all day and his analysis of a century of (income) data makes it very clear what we […]
Food stamps vs Sotheby’s
I found those two charts. First one shows Sotheby’s peaking with every financial bubble in past. A few days ago there was an all time high auction. The second one shows that more and more people are dependent on food stamps since 2007. Guess I must not need to say more. As there are 45 […]
James Turk: We’re Living Within A Money Bubble of Epic Proportion
James Turk believes the time we live in now will be studied by future historians for generations to come. Just as we today marvel at the collective madness that resulted in the South Sea and Dutch tulip manias, our age will be known as the era when society lost sight of what money really is. […]