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 […]
Paul Krugman
Inequality – some recent comments from the pope, Obama & Paul Krugman
First watch this video, a discussion between Paul Krugman (Professor of Economics and International Affairs at Princeton University, a 2008 Nobel laureate, and an Op-Ed columnist for the New York Times) and Sir Tony Atkinson, Professor of Economics at the University of Oxford, Then read this very powerful statement of the pope about inequality here. Some for the […]
negative interests rate – winter is coming
If you have been following the economic news, you might have heard about Larry Summers speech at the IWF. He essentially says that to reach full employment we need a negative interest rate. Yes, you read that right. People hoarding money on bank accounts should be punished for saving. His argument makes a lot of […]