Posts Tagged ‘wealth’

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

Dueling Mortgage Gurus and Uncertainty

Dueling Mortgage Gurus and Uncertainty

By The Banker | Blog Posts, Personal Finance, Texas

One of the things that makes finance endlessly fascinating (to me!) is that perfectly sound logic for one situation turns out to be perfect madness in another situation. In my best moments I appreciate the ironies and contradictions. In my worst moments I despair for people whipsawed by the seeming complexities of financial choices. Most [&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

Entrepreneurship And Its Discontents

Entrepreneurship And Its Discontents

By The Banker | Blog Posts, Personal Finance

Note: A version of this post appeared in the San Antonio Express News Here’s one of my first principles: Everybody who works in the for-profit world should own or start a business. Now that I’ve said that, I’d like to spend most of the rest of this post describing all of the terrible things about [&hellip

This US History Sounds Marxist, And Also Basically True

This US History Sounds Marxist, And Also Basically True

By The Banker | Blog Posts, Inequality

Can something be basically Marxist and also basically true? Of course my answer is yes, because Marxism as a tool for analysis can sometimes be summed up as a ‘Follow The Money.’ As an economic and political system Marxism has – so far – been as awful a system as we humans can manage to [&hellip