
"Who is afraid of redistribution?" "Political discourse in India normally takes place within cer tain boundaries set by the privileged and powerful. If you over-step these boundaries, expect some trouble." - Jean Drèze in @epw_in. https://t.co/kJxDDBJ4Pw

For much of the past three decade we have seen the opposite, so the household share of the rapidly growing pie has contracted while the state share has expanded. This must be reversed.
Michael Pettis • The Great Rebalancing
High salaries for young professionals allow educated elites to maintain cultural capital while preventing social unrest that might result from more obvious inequality.
These jobs provide high enough compensation to sustain consumption-focused lifestyles without... See more
No One is Really Working
Limitarianism
Discussing how much wealth people can leave behind for their children. Some say estate tax may be punishing people who save hard to have something to bequeath.
But people who need to save hard for that probably won’t fall under the bracket of high estate tax rate.
I don’t feel it’s bad to live in a world where everyone’s sort of dealt
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