dadd:

Social experiment: if you know what this is don’t say anything just reblog

(via patrik-star)

louisandthedagger:

where is the lie

s-leary:

mckitterick:

s-leary:

This is the best essay I’ve read on modern wages vs. cost of living vs. inflation. Why are we all struggling even though economists say wages are fine? Oren Cass has done the work. Here you go:

Twitter thread link

Full report link

Full report link again, ICYMI above!

If “our economy” has continued to grow as economists love to say, where has the created wealth gone if not into the pockets of the workers who created it?

Billionaires.

We’ve never suffered such a huge disparity between the richest of the rich and the rest of us. It’s well past time to correct that problem.

Yes. And then there’s Thomas Piketty and his students, who have estimated that a huge portion of the wealth created (by workers!) over the last thirty years is missing.

Just missing. Not circulating in the world economy. Hoarded offshore.

Gabriel Zucman, one of Piketty’ students, wrote a book called The Missing Wealth of Nations. Here’s a 2014 piece about it and how a wealth tax could help fix it; here’s a 2019 article on how the theory was incorporated into the Warren campaign. His newest book with Emmanuel Saez is all about tax policy: The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.

(via mr-baberaham-lincoln)

bemusedlybespectacled:

millennial-review:

This is actually, non-ironically, a great way of asking about benefits and company culture without asking about those things directly.

(via perks-of-being-chinese)