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I'm neither an economist or mathematician. But I'm smart enough to observe my surroundings. I observe that the middle class is shrinking rapidly. Wealth concent
by jmathai 2y ago
I'm neither an economist or mathematician. But I'm smart enough to observe my surroundings. I observe that the middle class is shrinking rapidly. Wealth concentration is increasing rapidly. Income has not kept up with the price of goods. And it's increasingly difficult for working people to accumulate wealth.
Can you point me to other theories which articulate the cause of my observations?
- foretop_yardarm 2y ago"When the data and the anecdotes disagree, the anecdotes are usually right."