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Thomas Piketty: New thoughts on capital in the twenty-first century

Thomas Piketty: New thoughts on capital in the twenty-first century

 

French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r is greater than g (meaning that return on capital is generally higher than economic growth). Here, he talks through the massive data set that led him to conclude: Economic inequality is not new, but it is getting worse, with radical possible impacts.

Federal Reserve Data Shows Growing Wealth Gap Based on Race

Federal Reserve Data Shows Growing Wealth Gap Based on Race

 

With new data analysis by Demo’s Matt Bruenig showing the current state of wealth inequality by race in the U.S., Professor john a. powell describes how subprime loans, neighborhood segregation and other policies have disproportinately affected people of color

Yellen: Fed can’t regulate Bitcoin

Yellen: Fed can’t regulate Bitcoin

 

Federal Reserve Chairwoman Janet Yellen discusses the complexities and regulatory obstacles of Bitcoin. 

The Canada Wealth Gap Statistics 2013

Couting-Hundred-Dollar-Bills

In Canada the top .01% of income earners have an average income of $6 million, and collectively earn 1.5% of our total income. Sounds like a lot until you look at the US, where the top .01% earn an average of $24 million each – which adds up to a 4.5% share of the total.

(from Canadian Business, Dec 9, 2013, Editor’s Letter by Duncan Hood)

 

A Faith Based Economic Worldview

Part One – The Ideal Economy

To learn more, click here. 

 

Part Two – What Goes Wrong

To learn more, click here.

 

Part Three – Why It Goes Wrong

To learn more, click here. 

 

Part Four – Principled Reasoning

To learn more, click here. 

 

Part Five – Investment Decision Making

To learn more, click here. 

 

Part Six – Global Economy and Investment Markets

To learn more, click here. 

Canadian billionaire predicts end of US Dollar as world’s reserve currency Ned Goodman lecture

Canadian billionaire predicts end of US Dollar as world’s reserve currency Ned Goodman lecture

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This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 106A-117 of the U.S. Copyright Law.

 

Billionaires Dumping Stock + Running From Wall St.

Billionaires Dumping Stock + Running From Wall St.

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Billionaires are jumping ship from Wall St., with Warren Buffet and George Soros among the notable 1% dumping their stocks in an effort to avoid a feared market crash. We look at analysis of the moves by the power hitters and how too big to fail banks look set to take another hit in this Buzzsaw news clip with Tyrel Ventura and Tabetha Wallace.

 

Which US President increased the debt?

How you make money affects your taxes

46 Percent of global wealth owned by richest 1 percent