Sunday, May 04, 2014

g > m

I thought I'd get beyond the r > g mania and post about a more fundamental inequality:

g > m

to wit:

It started out close in the year of our births but then......

1 comment:

stan said...

I wonder if anyone realizes that the orgasms that the Left has had over this book will cause private investment to be lower over the next few years than it might otherwise have been. Especially if Hillary or Elizabeth Warren look like they have a chance to be president. See e.g. net investment turning negative for the first time during the Depression in 1936 [per Amity Shlaes].

Given all the reasons to be uncertain about the possible risks to investment in today's environment, the Piketty excitement from the Left doesn't help.