If you wish to dig deeper into this subject, I recommend Thomas Sowell's Economic Facts and Fallacies, 2nd Edition.
Portfolio Return as of 02/09/2023:
2022: -.019% (SP500 -18.01%)
Friday, July 12, 2019
Five Inequality Myths
If you really want to understand how the world works today, you need to rethink almost everything you’ve been told about inequality. Prof. Antony Davies explains.
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