Endless Curiosity

March 19, 2009

Income distribution

Filed under: Uncategorized — Alec @ 5:46 am

Everyone has different talents and abilities, and we reward people accordingly. Some people make more than others. Fair enough. Where it gets weird is when that differential keeps increasing. There’s nothing wrong with someone making 10 times as much as someone else. But when that 10 times becomes 11 times next year, 12 times the year after, and so on, things start to become weird. Of course, that’s what’s happening with the super-rich in America and the rest of us. To me it’s especially troublesome because while I have no problem with people actually earning more than others, most of the super-rich get most of their income from not working – i.e., from investments. Anyway, here’s a wonderful article that shows income distribution and how it’s changed over the years.

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