Tag Archives: complacency

Why the west is stagnant

Thomas Piketty, the French economist, calculates that more than half of total wealth in Germany today is inherited — an estimate confirmed by German economists. In the 1960s and 1970s, the share was just a little over 20 per cent. … Continue reading

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We’re rich because of our ancestors

“At least half of our wealth comes from the ideas and investments of those who are now dead.” https://www.bradford-delong.com/2019/05/yes-societal-well-being-depends-on-a-very-strong-distributional-bias-along-the-lines-of-to-each-according-to-their-need-w.html

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The Promised Land: part two

Far, far away from testosterone fuelled Men wielding AK-47s, machetes and driven By religion, poverty, despair England complacently slumbers. Far,far away from the bitter legacy Of God’s divine disasters Hurricane, earthquake, tsunami England complacently charitable. Far, far away from extremists … Continue reading

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