I explain everything you'd ever want to know about income distribution in America. How much people make What taxes they pay What they spend their money on How the wealthiest are able to avoid taxation Income and taxation of corporations and Billionaires in the United States Article Here: goo.gl
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The income distribution of the United States is far more unequal than most people realize. In fact it is so lopsided, it is hard to represent on a single graph. For more see www.lcurve.org. ----------------- My new DVD "9/11 Analysis" is now out. Go to www.911speakout.org .
5 Oct 2010 RT Max Fraad Wolff is Economist at The New School. This video contains some great information on the income distribution. Background: Millions of Americans are unemployed and living off food stamps. Latest census shows the United States has the biggest gap between rich and poor compared to all westernized countries today. (Presenter) Max, help us understand the significance of this latest data? What does it mean for many Americans? (Max Fraad Wolff) 80% of people in the country are feeling that they can't get ahead. They have seen themselves working for more hours if they're fortunate enough to have a job and taking home less money. They are increasingly living in a society with a distribution of income that we would usually associate with a developing country and a particular unequal one. Work isn't getting people ahead, homes are not getting people ahead, savings are difficult and if you're not in the top 10% of the society it's going to be very hard to get there. The social glue, the social mobility is getting into an increasingly incorrect fable which has little or no bearing on the lives of the people particularly young people. (Presenter) The rich are doing pretty well. How can that be? (Max Fraad Wolff) First of all we should be careful here. The wealthy have been doing better than everybody else for the last 30 years. What's happened in the last two to three years is that everybody else has been doing deadweight worse [Amazing]. So the average person <b>...</b>
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The One Percent: Breaking Down US Wealth Distribution Complete video at: fora.tv Catherine Mulbrandon, creator of the blog Visualizing Economics, illustrates the distribution of income in the US, comparing the earnings of the top one percent to those of the bottom 99. ----- The Big Picture Conference presents Catherine Mulbrandon: Visualizing Economics. This program was recorded on October 11, 2011. Drawing upon the ideas and popular talent featured in his well-regarded blog, The Big Picture (www.ritholtz.com), Barry Ritholtz presents The Big Picture Conference, a one-day, on-demand event that offers sharp insight into the financial markets, the economy and the dangerous intersection between government and Wall Street. Catherine Mulbrandon launched VisualizingEconomics.com in 2006, a website dedicated to publishing infographics about economic data. She received an AB in economics from The University of Chicago and a Masters in Design from Carnegie Mellon and has worked 10 years in the finance industry. A native of Washington, DC she currently lives and works in Jersey City, NJ where she is creating "An Illustrated Guide to Income in the United States."
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Speaker: Professor Sir Tony Atkinson Chair: Professor Julian Le Grand This event was recorded on 1 March 2011 in Hong Kong Theatre, Clement House Fifty years ago, it was believed that income inequality was falling and that poverty had largely been eliminated. This lecture returns to Richard Titmuss' masterly crossexamination of the evidence about income inequality and argues that we have much to learn, but also to add. Tony Atkinson is the centennial professor at LSE. His most recent book is Top Incomes: a global perspective.
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www.thenation.com "All I want for Christmas is an opposition I can negotiate with." Well, Obama had one, briefly, so long as he was willing to cave in to its demands to bust the budget with a massive gift of more than $130 billion in tax cuts to the wealthiest 2 percent of the country and the gutting of the estate tax. That cleared the decks for other "victories" and "compromises" and led to widespread insider approval of Obama's ability to "make the system work." Like 13-year-olds at the movies, pundits love "action," period, never mind its consequences. www.thesoapboxroadshow.com
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Bill Maher calls Mitt Romney phony, arrogant, out of touch. Calls his supporters naive chumps & sycophants.
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www.positivemoney.org.uk What does the current banking system mean for housing, debt, inequality, jobs, businesses and taxes? Ben Dyson, founder of Positive Money, speaking at Just Banking Conference on 20th April in Edinburgh. HOUSING (1:43) In 1952 it has cost you 5 years and 3 months on average of your income to pay off the mortgage with interest. Now it is going to take you about 11 years and 8 months. This is one of the reasons why you now need two income earners to run a family, whereas back in 50's you only needed one. You are going to be working for another 10 to 15 years. Population grew by 8% over last 20 years Housing stock grew by 16% (number of houses grew faster than number of people!) Mortgage lending grew by almost 600% over this period! This is not a supply & demand issue, it's an issue of banks being able to create money and pump it into housing. DEBT (7:42) If banks create 97% of all money that we use, we, as the public, have to borrow the entire money supply from the banking sector and we have to be repaying all those loans and paying the interest on top. When banks don't lend, there would be no money in economy. We're dependent on bank lending to create the money supply. ...It's not a law of nature, it can be redesigned... But in the current system, there are two rules: 1. if we want more money in the economy, we have to have more debt. 2. if we want less debt in economy, then we will have less money. What we need is less debt & more money. But this <b>...</b>
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Professor of New York University Edward Wolff describes how the distribution of wealth and income has developed in the US and other countries. The effects of the real estate boom, the current crisis and the situation of the middle-class in the US are other questions dealt with in this video.
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"...on the Today Show, host Matt Lauer asked Romney — twice — whether he truly believed any questions regarding the practices of Wall Street or the distribution of wealth and power is merely "envious" or more about "fairness." Both times, Romney insisted that it was solely an "envy-oriented" attack on "millionaires and billionaires and executives and Wall Street"..".* The Young Turks host Cenk Uygur breaks it down. *thinkprogress.org Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com
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Dear future participants of this unique project! If you have any questions please contact us by e-mail vigov2012@mail.ru I'll always be glad to help you. You can go through the registration site dimos2012.glworld.bz After registering, I'll sponsor your information and will assist you in all matters!. My invitation to you the certificate № DV21199 Participation can make a payment in USD You can start each morning with a view of your account balance and it will give you a positive charge on the day! Your time has come! ! ! The international system of mutual financial assistance is the most democratic distribution of income. http
ECON 20100: The Elements of Economic Analysis E. Glen Weyl, Assistant Professor of Economics and the College "Theory of the Firm," September 29, 2011. The first part of this course discusses markets with one or a few suppliers. The second part focuses on demand and supply for factors of production and the distribution of income in the economy. This course also includes some elementary general equilibrium theory and welfare economics. This lecture discusses the central figure of most of the rest of the course: the firm. We begin by briefly discussing the institutional, legal, political and ethical foundations of the profit maximizing firm, focusing particularly on the debate over Corporate Social Responsibility. We then discuss conflicts within firms and the problem of providing appropriate incentives to employees. Finally, we examine which functions occur within and outside of firms and whether this distinction matters. For readings associated with this lecture and slides, visit: www.glenweyl.com
ECON 20100: The Elements of Economic Analysis E. Glen Weyl, Assistant Professor of Economics and the College "Theory of Monopoly Price Theory." The first part of this course discusses markets with one or a few suppliers. The second part focuses on demand and supply for factors of production and the distribution of income in the economy. This course also includes some elementary general equilibrium theory and welfare economics. This lecture begins the second half of the course, which focuses on imperfect competition. We begin by developing the basic incentive of a monopolist to reduce quantity in order to raise price and how to measure the inefficiency this creates. We consider some empirical measurements of these incentives and inefficiencies. We then consider the comparative statics of monopoly and how the rate at which the monopolist passes through cost changes into price changes measures many dimensions of her behavior. For readings associated with this lecture and slides, visit: www.glenweyl.com
ECON 20100: The Elements of Economic Analysis E. Glen Weyl, Assistant Professor of Economics and the College "Perfect Competition." The first part of this course discusses markets with one or a few suppliers. The second part focuses on demand and supply for factors of production and the distribution of income in the economy. This course also includes some elementary general equilibrium theory and welfare economics. This lecture is something of an (anti-) climax to the course so far, discussion the central idea of perfect competition. We cover some basic ideas in international trade and comparative advantage, the existence and comparative statics of equilibrium and the fundamental theorems of welfare economics and their appropriate interpretation. We then consider whether the welfare theorems really justify the pro-market spin usually put on them, considering Hayek's emphasis on the market's informational role as a framing of the themes for the rest of the course. For readings associated with this lecture and slides, visit: www.glenweyl.com
As Under Secretary of Commerce for International Trade, David Rothkopf oversaw the International Trade Administration under Clinton. Now he's arguing that the deregulation which occurred during the 1990's unleashed an epic rivalry not between nation-
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Japan just had a 6.1 earthquake on 2-14-12. What can you do? You can install 4 solar panels on your roof so you can quit your addiction to nuclear energy. Renewable creates the benefit of energy independence forever. Renewables create emission free energy. It avoids nuclear pollution, CO2 pollution and all the forms of pollution caused by fossil energy, which are damaging the health of our children, our streams, our air and land. Nuclear waste storage costs will last for 100000 years. No government can last that long. Who will pay for that? Our children's lives will be destroyed for thousands of years. We are saddling future generations with a cost they cannot afford. Even the cost of sending 10000 tons of radioactive waste into space is a greater cost than we can afford. Instead, we must stop! Close down all nukes. Even if we follow the great example of Germany, & shut all our reactors down this year, we will still have great costs to bear for thousands of years. Still we must shut down all atomic reactors now in 2012. We have no choice. Solar & renewables brings a broader ownership of power sources & so create many more jobs, more solar power companies, broader distribution of income in the state & so more millionaires. California now is within one year of producing enough energy from solar & renewables to equal the power produced by the nuclear reactor at San Luis Obispo. That means we can shut down Diablo Canyon in 2014 because we have replaced the toxic nuclear <b>...</b>
Students, get a full week of this at a summer seminar: lrnlbty.co Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis? Dr. Jeffrey Miron at Harvard answers these questions by exposing three common myths of capitalism. Watch more videos: lrnlbty.co
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--Richard Wolff, Economics Professor and one of David's former professors, joins us to dispel conservative propaganda about why rising income inequality isn't a bad thing, and explains the nuts and bolts of why significant income inequality negatively affects the economy. --On the Bonus Show: Absurd laws used to stifle Occupy Wall Street, CA decision to crack down on medical marijuana, surpassing 7 billion people on Earth, more. The David Pakman Show is an internationally syndicated talk radio and television program hosted by David Pakman www.davidpakman.com http www.davidpakman.com www.facebook.com www.twitter.com feeds.feedburner.com 24/7 Voicemail Line: (219)-2DAVIDP Broadcast on October 17, 2011
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The chain of videos is reproduced below. "Where Do You Fall on the Income Curve?" by Catherine Rampell, at the New York Times' "Economix" blog: economix.blogs.nytimes.com "The Science of Why We Don't Believe Science" by Chris Mooney www.motherjones.com A Dark Story Of Morality (part I): www.youtube.com WARNING: the video does not auto-play, but is graphic in the extreme. Lots of information here as well. www.pixiq.com CJ's original video: www.youtube.com My response: www.youtube.com His response (that this is a response to): www.youtube.com Income distribution in the US and Sweden: super-economy.blogspot.com This is for 2006-2008 (averaged) in the US and 2007 in Sweden. Things have gotten worse in the US faster than they have in Sweden since then.
SCHULTZ: Let's turn to Senator Bernie Sanders of Vermont, member of the Senate Budget Committee. Senator, good to have you with us tonight. Here are some of the highlights and the headline should I say of the president's budget. $350 billion to encourage job growth. That is a stimulus package. It would implement the Buffet Rule, repeal bush tax cuts for the wealthy, also tax dividend income over $250000 as ordinary income, it would end oil subsidies and reduce the deficit by $4 trillion over the next decade. What is good about the budget, senator, what do you like or don't like? SANDERS: All of that stuff is good stuff. Look, the fact of the matter is the United States today has the most unequal distribution of wealth and income of any major company. The wealthiest people are doing well, they are effective tax rate is lowest in decades. If we are serious about two things, Ed, number one the need to create millions of jobs, making investments, in our energy system, transforming energy, rebuilding infrastructure it is totally appropriate that we ask the wealthiest people in the country to pay more in taxes and that is where the buffet rule comes in. Second of all what the president has said, most Americans agree, we have to end the Bush tax breaks for the wealthiest people in the country, he's absolutely right on that. Thirdly, what he also said is that we have to end tax breaks for oil and gas companies. We have had companies in recent years, ExxonMobil making billions in <b>...</b>
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How will the basic income grant be capitalized - Equal Money FAQ - By Bernard Poolman with brief commentary by Cathy Krafft. In an equal money system you will not capitalize it because the capital will be life or have intrinsic value and as a person is born that value is automatically available as life. You do not have to create it. The Equal Money system will be a first step in the political agenda of the Equal Life Party worldwide once we start participating in democratic elections. Join the Desteni Forum for discussions. equalmoney.org See life coaching join the forum visit the forum at www.desteni.co.za Equal Money at http Also see the Non-Profit Organization -- Equal Life Foundation: equallife.org Drop me a line on my Blog: cathy4worldequality.wordpress.com Desteni Chill: store.desteni.org Robot Virgins : store.desteni.org Freedom Blogs - The birth of Practivism - Volume 1 : store.desteni.org Equal Life Store: store.desteni.org Capital life "intrinsic value" resources money country "political parties" profit mining cellphones oil corporations nationalize distribution "Income grant" EMS ELF capitalized "equal money system" Wiki wikia Desteni Destonians Destonian Destenicult research "guidelines to equality" "guru pro" "know how" system
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www.davidjenyns.com If you have set up a trust business structure, trading income must be distributed at the end of the financial year. The advantage of this is that the controlling trustee decides on how to distribute your trading income. This form of income distribution helps your accountant to move finances around and offer the most effective tax structure to minimize your taxation liability. To understand how best to distribute trading income, visit www.davidjenyns.com
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Students, get a full week of this at a summer seminar: lrnlbty.co Is it true that immigration raises the US unemployment rate? Is it true that immigration affects US income distribution? The conventional wisdom says that both of these things are true. However, economist Antony Davies says there is evidence to suggest that they are not. Looking at the data, there is no relationship between the rate of immigration and the unemployment rate, nor is there a relationship between the rate of immigration and income inequality. Further, there is evidence to suggest that immigrants actually CREATE more American jobs. For more, visit Prof. Davies's website at: www.antolin-davies.com Watch more videos: lrnlbty.co
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www.ted.com We feel instinctively that societies with huge income gaps are somehow going wrong. Richard Wilkinson charts the hard data on economic inequality, and shows what gets worse when rich and poor are too far apart real effects on health, lifespan, even such basic values as trust.TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the "Sixth Sense" wearable tech, and "Lost" producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at www.ted.com
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Mr. Milanovic defined global inequality for the audience as income inequality between world citizens, where the world is looked at as one country. Although overall global inequalities are increasing, the rapid growth of countries such as China and India are actually reducing global inequalities. In the past global inequality has been due to the class a person is in, but recently inequalities have become based on the location one resides in. Milsnovic concluded his talk by linking the global inequality with the current economic crisis. He noted that the history of past crises have shown that the first to be affected are the rich, but that ultimately the middle and lower classes are affected the most. This is why he feels that the problem of global inequality does in fact matter. The larger gaps in income inequality ultimately lend to people being discontented and restless with their governments. This can lead to numerous social problems including riots and mass migration. Global income inequality is important issue that affects all of us whether we realize it or not. Because this issue is so globally important we must start facing and addressing it. Branko Milanovic is lead economist in World Bank Research Department in the unit dealing with poverty, income distribution and household surveys; senior associate at Carnegie Endowment for International Peace in Washington; adjunct professor at the School for Advanced International Studies at Johns Hopkins University and <b>...</b>
Momentis Energy Business Opportunity is Expanding as States Become Deregulated. Make extra income From home by positioning yourself in front of this wave. You can earn from home by sharing essential home services that consumers pay for on a continious basis. There is no auto-ship costs! You just help people choose a cheaper energy supplier. You help people save money as you grow a lucrative residual income business. You can work from home part time or full time For more info learning how you can participate in the next wave of millionaires call: 678-252-9081
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Income inequality in the US has reached its highest level on record. A study last year found that when Americans were given a choice to look at a chart of wealth distribution, they deeply underestimated the reality, and 92% even chose Sweden's system over ours. Dan Ariely, behavioral economist and co-author of this study discusses.
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thefilmarchive.org Proven oil reserves in Saudi Arabia are the second largest claimed in the world, estimated to be 267 billion barrels (42×109 m3) (Gbbl hereafter) including 2.5 Gbbl in the Saudi-Kuwaiti neutral zone. These reserves were the largest in the world until Venezuela announced they had increased their proven reserves to 297 Gbbl in January 2011. The Saudi reserves are about one-fifth of the world's total conventional oil reserves, a large fraction of these reserves comes from a small number of very large oil fields, and past production amounts to 40% of the stated reserves. Oil reserves in the United Arab Emirates, according to its government, are about 98 billion barrels (15.6×109 m3), almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi has most of the oil with 92 billion barrels (14.6×109 m3) while Dubai has 4 billion barrels (640×106 m3) and Sharjah has 1.5 billion barrels (240×106 m3). Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 billion barrels (10.5×109 m3). The UAE produces about 2.9 million barrels per day (460×103 m3/d) of total oil liquids, but has stated its intention to increase this to 5 million barrels per day (790×103 m3/d) by 2014. The UAE's reserves-to-production is about 93 years. The petroleum industry includes the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products. The largest <b>...</b>
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Speaker: David Willetts MP Chair: Professor John Hills This event was recorded on 16 February 2010 in Hong Kong Theatre, Clement House David Willetts will analyse the distribution of income and wealth between different generations in Britain. He will investigate why the baby boomer generation have done particularly well for both income and wealth. He will then look at why the younger generation face much less favourable economic circumstances. Drawing on his new book The Pinch he will firmly place the issue of fairness between the generations on the political agenda.
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October 21, 2011 - Professor David Lobell explores the latest trends in global food security and hunger and talks about the link between these and other events going on in the world. This talk was part of Stanford's 2011 Reunion Homecoming, put on by the Stanford Alumni Association. The 2011 reunion featured many events for alums including class panels, class parties, and a football game. Stanford University www.stanford.edu Stanford Alumni Association alumni.stanford.edu Stanford University Channel on YouTube: www.youtube.com
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In 1947 Friederich von Hayek calls a group of "notable intellectuals" of liberalism in the Mont Pelerin of Switzerland. The goal was to offset the influence of socialism in the postwar. Ludwig von Mises was one of those summoned and a skeptic of the project due to the participation of certain people. During a debate on "distribution" of income in 1956, headed by Milton Friedman, Mises retired angry and slamming the door he said: "You're all a bunch of socialists" Video based on the documentary "Commanding Heights: The Battle for the World Economy"
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www.eReaderProfitSystem.com Click the link above, it's a legitimate course,I have created, about making good income with publishing little informational eBooks on Kindle. I explain there all the technical issues and much more. In this video I will teach you my 2 top secrets on making money with KDP. What is Kindle Direct Publishing? Kindle Direct Publishing Concurrently with the Kindle device, Amazon launched the Kindle Direct Publishing, where authors and publishers independently publish their books directly to Kindle and Kindle Apps worldwide. In open beta testing as of late 2007, the platform has been promoted to established authors by an e-mail[83] and by advertisements at Amazon.com. Authors can upload documents in several formats for delivery via Whispernet and charge between $0.99 and $200.00 per download.[83] In a December 5, 2009 interview with The New York Times, CEO Jeff Bezos revealed that Amazon.com keeps 65% of the revenue from all ebook sales for the Kindle.[84] The remaining 35% is split between the book author and publisher. After numerous commentators observed that Apple's popular App Store offers 70% of royalties to the publisher, Amazon began a program that offers 70% royalties to Kindle publishers who agree to certain conditions.[85] Other criticisms involve the business model behind Amazon's implementation and distribution of e-books.[86][87] Amazon introduced a software application allowing Kindle books to be read on an iPhone or iPod Touch.[88 <b>...</b>
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Inovação, tecnologia, cultura digital, criatividade e inspiração em uma conversa com o brasileiro que saiu do interior da Bahia e ganhou o mundo com sua música. A Petrobras Magazine #61 entrevistou Gilberto Gil, confira o video! Quer saber mais? Leia na Magazine: www.petrobras.com
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ART ONE: WHATS A FAIR START? Is it just to tax the rich to help the poor? John Rawls says we should answer this question by asking what principles you would choose to govern the distribution of income and wealth if you did not know who you were, whether you grew up in privilege or in poverty. Wouldnt you want an equal distribution of wealth, or one that maximally benefits whomever happens to be the least advantaged? After all, that might be you. Rawls argues that even meritocracy—a distributive system that rewards effort—doesnt go far enough in leveling the playing field because those who are naturally gifted will always get ahead. Furthermore, says Rawls, the naturally gifted cant claim much credit because their success often depends on factors as arbitrary as birth order. Sandel makes Rawlss point when he asks the students who were first born in their family to raise their hands. PART TWO: WHAT DO WE DESERVE? Professor Sandel recaps how income, wealth, and opportunities in life should be distributed, according to the three different theories raised so far in class. He summarizes libertarianism, the meritocratic system, and John Rawlss egalitarian theory. Sandel then launches a discussion of the fairness of pay differentials in modern society. He compares the salary of former Supreme Court Justice Sandra Day OConnor ($200000) with the salary of televisions Judge Judy ($25 million). Sandel asks, is this fair? According to John Rawls, it is not. Rawls argues that an <b>...</b>
