Putting a Lid On It

It is time for me to get off my duff. I have been sitting safely a bit too long, ensconced in my middle class security. A security a majority can’t share. Time to push forward some radical possibilities. Here’s one to start, some of which I’ve hinted around in the past. It’s time to enact …

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Why Do Many Embrace Inequality?

Papers and books describe the widening inequality in our society.  They provide little understanding of why the 99% put up with it. The explanation of Prof. Justin Friesen  et. al. suggest that “When we feel a lack of personal control, we compensate by looking for order or predictability in our environment.  So we desire and …

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Thinking Big

If your life’s work can be accomplished in your lifetime, you’re not thinking big enough. (Wes Jackson) This quote from a recent white paper by Barrett Brown, The Future of Leadership for Conscious Capitalism, resonated deeply as I read it yesterday. Perhaps as a result of my own formal retirement from the pursuit of paychecks …

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Measuring Wealth Inequality

  Recent increases in wealth inequality mainly due to top 0.01%, not top 1%? See this article (The Atlantic) and also here. The method used to obtain these results is not without uncertainties. From these slides by Saez and Zucman. (Using flows to estimate accumulations.) We develop a new technique to estimate the distribution of …

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