Friday, June 13, 2008

Wealth Condensation

Today's must read on Economics, from the university of Wikipedia, is on Wealth Condensation. Not always understood by your average citizen, the terms Income and Wealth are measured independently, and while there is an obvious correlation, they are often treated and discussed independently. Interestingly, or suspiciously, Income is discussed much more frequently and statistics on it are more readily available.

With that said, please go on to read Wealth Condensation.

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