Tag Archives: income inequality

Got To Admit It’s Getting Better…

A lot better over the time. Even those who value a narrower income gap can celebrate these finding. If articles like this can’t convince people that the standard of living drastically improves over time, I don’t know what can.
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Mind the Gap

Paul Graham’s essay from way back when (2004) addresses the foundations of wealth and material prosperity. Nothing earth shattering, but a well written piece that shows why income inequality is not a priori wrong. I highly recommend reading the entire essay. Some of the major points Graham makes are: People make wealth through creation Wealth ≠ money Only since [...]
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