Sunday, March 24, 2019

2019 Jubilee

I just picked up Edward N. Wolff's book "A Century of Wealth in America"  from the library.  It is 865 pages of empirical data and statistics about wealth in the United States from 1900 to 2013 but with most of the attention to the last 50 years.  I read one or two chapters and then lazily decided to listen to any recent  lectures that might be on the internet - thankfully I found one:

Warning - the book and this lecture is not for the faint of heart.  As Wolff himself warns in the preface of his book - "aimed at a more scholarly audience" and "follows the Baconian method of inductive reasoning rather than Descarte's method of using mathematical reasoning:.

With recent political posturing and preliminary 2020 election market testing, the start of the debate of Income and Wealth Inequality is beginning.   Whether this topic will sustain into a 2020 top three debates will be determined soon.  Since it naturally morphs into the political camps about taxation, my prediction it will survive and thrive.  It is especially hot right around April 15th. 

So -  I may spend some blogging time putting my spin on this topic in the future.  Like religion, this one is full of mystery, faith, and tension and full of prophets, teachers and high priests.  The Bible talks more about money than hell and maybe even heaven. Maybe some of the political candidates will recommend a "year of jubilee"  (now when is that really).

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