Tag Archive | game theory

Image by Abode of Chaos

Piketty’s Puzzle: Globalization, Inequality and Democracy

One of the most striking trends of modern times, the concentration of global wealth in hands of the very few, has been popularized by Thomas Piketty in his hugely influential Capital in the Twenty-First Century. Piketty argues that the rate of return on capital consistently exceeds the rate of economic growth. In the absence of […]

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Posted in Economics, Global Economy, US, World


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Given the calamitous impact these 2 exceptionally privileged individuals have had on the lives of millions in this country it’s hard to look at this photo without thinking of Orwell's observation about "the decay of ability in the ruling class" of England. #Greensill #Brexit twitter.com/andrew_adonis/…

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