Inequality Talk with Paul Kruman and Tony Atkinson

Great discussion with economics professors Paul Krugman and Tony Atkinson about the political and economical implications of inequality. It covers a lot of important topics like for example:

• the effects of inequality on democracy,
• the goals of taxation,
• optimal levels of top tier tax rates,
• how taxation can be enforced internationally.

The talk was organized by the ARC CUNY (Advanced Research Collaborative—City University of New York).

View on YouTube: Video page, ARC CUNY Channel.

U.S. Taxation History

Everyone should know these figures:

Tax Comparison: Obama vs Reagan, Nixon, Eisenhower

Stop Coddling the Super Rich

Warren Buffett in the New York Times:

»Stop Coddling the Super Rich«

The Economy in 2min 15s

I can think of no better way to explain almost all of our economic problems in such a short time.

Robert Reich: “The Truth About the Economy” (in 2min 15s)
[Youtube] [Blog]

Rating: You’ve got to see this!

What is left out, though, are all international aspects, i.e. “free trade”, social dumping, tax competition, tax evasion, tax havens etc. Also not covered are all aspects related to the failure of economic theory. (Of course economics failed only in relation to the goals of scientific research, not in relation to the production of ideologic fuel. In the latter respect it is most successful.)