Tags » Distribution Of Wealth

Is it really true that when one gets better off, the other impliedly gets worse off?

Last week I had a family gathering. I and my maternal uncle were having a talk on law on conservation of energy – “It never generates or never ends, but just transforms from one form to another.” We just got the topic immediately linked to money and had an argument on whether “Getting better off by one results into getting worse off for another?” We had a productive debate which improved my thought process about the current day economic arrangement. 620 more words

Economics

Roughly half of global aid—is “phantom aid”

Many in the first world imagine the amount of money spent on aid to developing countries is massive.

In fact, it amounts to only 0.3% of GNP of the industrialized nations. 1,488 more words

Distribution Of Wealth

Wasting North Sea Oil and Buying Votes

In the same news bulletin that told that oil has been discovered in economically viable quantities in the Weald, which stretches from Kent to Surrey, I heard that the Scottish National party complain that the wealth from  North Sea Oil had been wasted by Westminster Governments. 214 more words

Climate Change

Democracy is clearly suffering from serious structural problems.

Welcome to a world where the bottom line trumps the common good and government takes a back seat to big business.

I have addressed this subject before. 1,729 more words

Distribution Of Wealth

Some thoughts on the developing world and the environment

Compared to other animals humans have what one might consider to  be more robust lives, but the comparison is conceptually flawed because of our differing capacities. 392 more words

Why would a cow eat corn?!?

Economy-of-size is a significant driving force in the food industry. One would be forgiven for presuming that this would be a positive influence as it is typically accompanied by innovation. 972 more words

Distribution Of Wealth

The myth of the 1% and the 99%

Michael Kazin, co-editor of the left-wing magazine Dissent, posed a simple question in a recent article: If wealth and income inequality levels are as bad as they are portrayed in popular media, “ 709 more words

Finance