New York police violently attacking unemployed workers in Tompkins Square Park, 1874 First a chart… The chart above recently sparked a debate in my family. What does rising wealth inequality mean for millennials’ expectations to continue living in a peaceful, open society? Is the U.S. now really similar to the time of The Great Gatsby when it comes to the “wealth gap”? Or is this chart misleading …
Singapore - A modern city state Around 700 days since 51.9% of the participating UK electorate voted to leave the EU and around 500 days since Donald J. Trump was inaugurated as 45th president of the United States (with a disappointingly small turnout), I’m beginning to make sense of it all. After months of endlessly reading articles on the subject of …
Extremely low interest rates and record high stock markets (now returning after a sharp correction in the second half of 2015 and at the beginning of this year) are bringing back a cyclically returning question: Is another financial bubble imminent? The simple answer is, of course, that we have no idea. There are so many …
Foreword Other than the economics courses I took in high school, I didn’t receive any further formal education on the subject. This text is entirely motivated by thought-experiments that might lack deep formal economic analysis, but are nevertheless interesting to me, and enough so that I decided to write them down. Nothing more, nothing less. Make of that …
