Ходжа Н. (hojja_nusreddin) wrote,
Ходжа Н.
hojja_nusreddin

formula explaining economic inequality


French economist Thomas Piketty caused a sensation in early 2014

- with his book on a simple, brutal formula explaining economic inequality: r > g
- meaning that return on capital is generally higher than economic growth

Here, he talks through the massive data set that led him to conclude

- Economic inequality is not new, but
- it is getting worse,
- with radical possible impacts

Tags: investment, банкстеры, деньги, наебалово, экономика
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