Economic Inequality
27 Threads
JATI VERSUS MODERNITY One of the most fascinating discussions about Indian society I've come across is viewing Jati as a bulwark against modernity. Now you may ask why be against...
In honor of my last day of teaching "Economic Inequality and Growth" at @UCBerkeley, some more graphs. I'll start with the famous elephant curve popularized by @BrankoMilan. Betwe...
One of the most important, and least understood, facts about unions is that unions spread prosperity beyond their membership. To see how dramatic an effect this has, let’s compare...
Dear India Spare 10 mins to read this post. Slide by slide . All 7 of them. https://t.co/WcXCvi3la7
This is an extremely millennial phenomenon and it flows directly from 2008 and the lingering economic bifurcation of college educated white millennials that has followed in its wak...
10 Excellent Empirical Papers on Economic Inequality 1) Income Inequality in the United States, 1913–1998 - @PikettyLeMonde + Saez This terrific paper details income inequality ove...
5 Reasons RICH don’t talk to the POOR: -Thread- https://t.co/9PFrxBrdtu
You're in the UK, jobless, rejected at the warehouse you applied to, removed lashes and nails from your monthly budget, waiting for Black Friday to buy a fucking blender but can op...
Do these idiots think that had it been a white women this guy will get a place?? ah..hello,rich whites don’t give a fuck about poor whites. They’ll let them be drugged, ODing & hom...
Yeah, not exactly like you guys don't have a history of doing a piss-poor job of helping the lower class once you got your fill of killing off the higher class. What ends up happe...
People have a false perception that the population is too large because of big corporations and predatory bureaucracy that makes it nearly impossible for the ordinary man to succee...
The nobility become indignant when the peons don't immediately recognize their titles and honors. In this new "social justice" regime, the protected characteristics of our wealthi...
Why Pakistan and Subcontinental Muslims are poor 1. In 1526 CE when Babar defeated Ibrahim Lodhi and took the fort of Agra, he found a vast treasure. It was the remainder of the we...
In the 1990s, South Africa was “opened up” to the “global financial system,” promising to pull millions of Black people out of poverty. Instead, the new economic measures massively...
We should be careful. Slave labor is not just inadequate compensation; it involves coercion or an enforced absence of economic alternatives. Whether 50k for a driver in Lagos is de...
I'm just pissed I inherited a nation worse off than the one my parents or grandparents grew up in. I'm even more upset that my kids will inherit one worse than I grew up in. I'm a...
Good debate on the competing 'ideas of India' , and what the future may bring. https://t.co/9eqPdEiQtT
@LetsuniteGld @Zweli_Qhabi Another fun fact: between 2012 and 2015, poverty in Singapore increased by 43.45%. Poverty levels among the old age population increased by 74.32% in the...
During the last 4 decades, the minimum wage has only grown 2x but Rents - 5x Housing - 6x Public College - 10x We have to now work twice or thrice as hard as our parents just...
Wealthy progressives have long relied on the high cost of living in their communities to insulate them from the consequences of their ideology, but SF proves that expensiveness alo...
The average income of 90% of Indians is ~Rs 12,000 per month, and for the bottom 50% (which is 600 million people), it is Rs 4500 per month. https://t.co/7LMkDT9ePG
A thread on America's foreign policy and its connection with economic inequality and elite power: One of the big reasons the US is so exceptional is it's geography. 1/n https://t...
Student loan debt is disproportionately held by people with higher incomes. Demanding that everyone - including many millions who are worse off - subsidize the interests and invest...
Thread. Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and pr...
