After studying economics for 6 years, which availed me of the merits of free markets, I have circled back to the conclusion that, overall, Democrats will benefit most people in the long run far more than Republicans. I chronicle my observations in this blog.
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Wednesday, November 3, 2010
Wealth Condensation
The number one reason I'm a Democrat? Wealth condensates. It really is quite simple. Due to the "magic" of compound interest, wealth will continue to follow a power law distribution without bounds. I'm not sure how, but in America, the aversion to inequality gets quite easily subverted. I think I'll conduct a poll to see if Americans know what the per family wealth would be if you evenly divided the entire net wealth of the nation, just for kicks, among every family. Its quite easy to figure out, but we'll see how off and in what direction most respondents are.
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wealth inequality income
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