The highest taxpayers are not the same as the richest people

Why wealth concentration pushes up asset prices

You need to defend the wealth in your economy

If you studied economics and something about the models never sat right, this is why. What mainstream economics actually represents is not science but a particular political and economic worldview disguised as objective analysis. It wasn’t always this way. The field was literally called “political economy” until the late 19th century marginalist revolution, when economists decided they’d rather resemble physicists. The politics didn’t disappear. They got written out of the textbook. If you recog

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#thoughtdaughter | sunk cost fallacy

Robert Lucas — The Nobel Idea That Changed Economics (1995) #Shorts

The World's Biggest Economies in One Graphic #economy #learn #usa #gdp | economy