2017-01-11 11:38:00 Wed ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
Thomas Piketty's recent new book *Capital in the Twenty-First Century* frames income and wealth inequality now as a global economic phenomenon.
When capital wealth grows faster than macroeconomic output (r>g), economic inequality arises as a natural result ceteris paribus.
The Top 1% richest investors own more than 25% of total wealth in America with abundant cash dividends, share repurchases, and capital gains, while at the same time the Top 10% richest investors own more than half of total wealth in America.
While income and wealth redistribution causes inadvertent distortions, Piketty proposes global wealth taxation as a policy antidote to the inequality dilemma.
The major lesson highlights the increasingly important focus on passive income that the typical stock market investor accumulates in the form of both dividend yields and capital gains.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-09-07 17:37:00 Saturday ET
Federal Reserve Chair Jerome Powell announces the monetary policy decision to lower the federal funds rate by a quarter point to 2%-2.25%. This interest rat
2019-06-03 11:31:00 Monday ET
The Sino-U.S. trade war may be the Thucydides trap or a clash of Caucasian and non-Caucasian civilizations. The proverbial Thucydides trap refers to the his
2017-02-13 09:35:00 Monday ET
JPMorgan Chase CEO Jamie Dimon says President Trump has now awaken the *animal spirits* in the U.S. stock market. The key phrase, animal spirits, is the
2022-04-25 10:34:00 Monday ET
Corporate ownership governance theory and practice The genesis of modern corporate governance and ownership studies traces back to the seminal work
2022-11-05 11:32:00 Saturday ET
CEO overconfidence and corporate performance Malmendier and Tate (JFE 2008, JF 2005) argue that overconfident CEOs are more likely to initiate mergers an
2017-08-31 09:36:00 Thursday ET
The Trump administration has initiated a new investigation into China's abuse of American intellectual property under Section 301 of the Trade Act of 19