Posts Tagged ‘inequality’

On

On “The Economy” (If Such A Thing Exists)

By The Banker | Blog Posts, Inequality, Texas

One of the odd things about listening to Republican candidates for president is their insistence on describing the ‘weak economy’ or the ‘anemic recovery’ of the Obama Presidency. For which they propose a new approach, naturally. And obviously we understand why they say that. But just to be clear – that’s crazy talk. “The US [&hellip

Minimum Wage - Reasons To Be Cautious

Minimum Wage – Reasons To Be Cautious

By The Banker | Blog Posts, Texas

I’m not a mean-spirited person (at least not after I’ve had my morning coffee) but I worry that writing about recent minimum wage law changes could lead some friends to accuse me of heartlessness. I don’t mean to be heartless. The Los Angeles City Council recently voted 14-1 to raise the employee minimum wage in [&hellip

Kooky and Good Idea To Address Inequality

Kooky and Good Idea To Address Inequality

By The Banker | Blog Posts, Inequality

UK economist Anthony Atkinson published a book “Inequality: What Can Be Done?” in May of this year in which he proposes radical solutions to the most pressing financial problem of our time. I thought I’d heard all the important arguments on the topic, and then this economist comes along with a totally bonkers idea that [&hellip

Video: WSJ on Wealth Inequality - Causes and Solutions

Video: WSJ on Wealth Inequality – Causes and Solutions

By The Banker | Inequality

I happened upon this excellent little video put out by the Red Communists who run the Wall Street Journal today. Since I think: 1. Wealth Inequality is a Top 3 issue facing the US and the World; 2. I’m in favor of everything that adds helpfully to the discussion; 3. We all have a hard [&hellip

Taxes Rant: Carried Interest Edition

Taxes Rant: Carried Interest Edition

By The Banker | Blog Posts, Taxes, Texas

Note: A version of this post appeared in the San Antonio Express News. Dear Money: I miss you so, so much. I recently mailed off – with deep feelings of loss – two of my biggest checks of the year: one for real estate taxes to the county where I live and the other to [&hellip