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Posts Tagged ‘Wealth’

California is collapsing.  The Guardian has an outsider’s perspective on the downfall of the world’s eighth largest economy.  The Golden State is fading. California has a special place in the American psyche. It is the Golden State: a playground of the rich and famous with perfect weather. It symbolises a lifestyle of sunshine, swimming pools [...]

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Once a friend claimed to me that a free market was ultimately unsustainable because in the long run, all wealth would be channeled to one person.  The implication here is that the government provides a necessary check to prevent such injustice.  The claim is one that addresses complex social and economic features of how humans [...]

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