Thursday, March 30, 2017

Two about US

Posner said: “If you become a member of Congress, you’ll get a card from the head of your party that you will spend five hours [each] afternoon talking to donors. That’s not the only time you spend with donors—they’ll take you to dinner, cocktails—but these five hours are important. The message is clear: You are a slave to the donors. They own you. That’s [the] real corruption, the ownership of Congress by the rich.” From Richard Posner: The real corruption is the ownership of Congress by the ric
Economic Growth in the US:A tale of two countries, a discussion of a paper by Piketty, Saez and Zucman. The discussions in Economist's View have become ego battles and are often uninteresting.

"Our first finding: A surge in income inequality

Our second finding: Policies to ameliorate income inequality fall woefully short

Our third finding: Comparing income inequality among countries is enlightening"

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