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Well the article is very interesting,I like it.I will always come to visit again... Poverty is a problem, but if the rich are not a problem, then the problem of poverty is not a problem of inequality.


If McD's or Walmart's biz model doesn't work without their employees being heavily subsidized (ONE billion a year for Walmart -- the wealthy heirs of which were much of the impetus for Bush getting rid of the "death tax") then honest capitalism would dictate they change biz mod...... or become creatively destroyed that something better rises in their place.

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our political system decides how long Jobs has patents and copyrights that create the only value extant at Apple. Copyright determines the value of Disney. I could go on and on. Hopefully the reader has something of an open mind.

Max Furniture

Truth is income taxes are a lower percentage of GDP than in recent or post WW history. It's only the regressive SS taxes that much higher than in past years.

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Really great post..When the moral collapse is the desperation of people who can't get jobs, don't have the social or intellectual capital to find fulfillment any other way, gorge themselves in cigarettes, processed foods and candy to forget their depression...that moral collapse has already happened..thanks.

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Alfonso Fanjul

I would like to conclude by addressing a point raised by someone posting in the comments section who identifies himself as James Thomas


Another great way to score a great deal is to shop the internet for the shoes. You can do some price comparison shopping using one of the many popular search engines available on the internet.

Cindy Margott

Well Inequality is self-limiting to a degree,if it generates tremendous envy and resentment, the government will be under irresistible pressure to adopt redistributive policies....Hope you will continue to post such type of post in future also...

Rosetta Stone

As he points out, it has grown. This seems to be the result of four forces: (1) a trend away from redistribution—that is, from policies designed to equalize after-tax incomes by combining heavy income taxation with subsidies for poor people; (2) greater competitiveness

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Forecasts of the world’s population only a few years in the future are generally quite accurate because the number of births and deaths during the next few years are largely determined by the existing distribution of the number of people at different ages.

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decline of manual labor relative to brain work as economic activity becomes increasingly automated as a result of technological progress. Most commentators on inequality would reword (4) as an increasing return to higher education, but it is very difficult to gauge the value added of a higher education, especially the economic value. Think of such college dropouts as Bill Gates, Steve Jobs, and Mark Zuckerberg. Higher education is indispensable for persons who want to be members of professions,

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Well their lives don't materially improve, and when credit runs dry, workers in rich countries are completely devastated and scramble for any message that seems good and pure.

Just Energy

Well In a discussion of our acceleration of inequality and the "need" for huge incentives at or near the top there's something else to consider..


ACE Online Takes Aerial PvP Combat to the Next Level with 4v4 Tournament

June 3, 2011 — TORONTO, ON — PvP combat is a key aspect of gameplay in ACE Online http://ace.subagames.com/landing.aspx , but SubaGames http://www.subagames.com/ is taking it one step further with the announcement that they are implementing a 4v4 tournament! Fans of the popular aerial shooter MMORPG can now team up with three of their friends and battle other teams in organized matches in a ladder-style tournament that will both reward an enhanced gaming experience and a combination of in game items and physical merchandise!

From June to July, ACE Online will play host to some of the most unique player versus player combat ever experience in a Massive Multiplayer Online Role Playing Game. Players will be signing up with a leader that is responsible for leading their team to victory, as well as signing up their team http://ace.subagames.com/tournamentlist.aspx. Battles consisting of Best of 3, 5 and 7 matches will take place amongst teams of the same nation. This will all lead to the eventual winning teams of in game nations Arlington National Influence (ANI) and Bygeniou City United (BCU) facing off in a heated rivalry match that will leave only one victor.

Variety is the spice of life, as each team will have to use one of every gear type. This includes the A Gear (the tank-like airframe), B Gear (the bomber airframe), I Gear (stealth speeder airframe) and M Gear (medic and support air frame). The balance of the team’s gears means players must use their playing skills if they hope to be the best and come out on top of the pack!

Tournament Prizes

•1st Place Team: Nox Specialist Headset, 3 Hyper Enchant Protects, 2 Prefix and 2 Suffix Super Gambles (for Standard and Advanced Weapons and Armors), 6 Prefix Wipes, 6 Suffix Wipes and 3 Tokens for each player on the team.

•2nd Place Team: 2 Hyper Enchant Protects, 1 Prefix and 1 Suffix Super Gamble (for Standard and Advanced Weapons and Armors), 3 Prefix Wipes, 3 Suffix Wipes and 2 Tokens for each player on the team.

•3rd Place Team: 1 Hyper Enchant Protect, 1 Prefix and 1 Suffix Armor Super Gamble, 1 Prefix Wipe, 1 Suffix Wipe and 1 Token for each player on the team.

•Every team that doesn’t place will receive 1 Weapon Machine Token and 1 Token for each player.

Sign Up

Download ACE Online for free from the Official Game website: http://ace.subagames.com/landing.aspx

After that, if you are signing up your team, do so “here!” (http://ace.subagames.com/tournamentlist.aspx)

For complete rules and details about this tournament, visit the “Tournament Page!” (http://forum.subagames.com/showthread.php?t=28684)

About ACE Online
ACE Online is a 3D space shooter that combines action and MMORPG elements. Developed by MasangSoft, one of Korea’s most renowned game developers, ACE Online puts players in the role of fighter pilots and behind the controls of ships known as “Gears”. As the player battles in this intergalactic world at war, they will complete missions and engage other players in intense aerial dogfights.

ACE Online injects action and shooting elements into the traditional MMORPG formula. Players have complete control over their gear and must engage enemies directly in combat – relying on quick shooting and skillful maneuvering in order to survive. As players progress through the game, they acquire credits which can be used in the game’s item shop to purchase hundreds of customizable weapons and add-ons for their “gear”. Players can then fly their “gear” into immense online space battles as part of ACE Online’s “Nation Wars” PvP system. These RPG elements add a layer of personal customization and multiplayer strategy to ACE Online’s already action-packed gameplay. Through the blend of these two gameplay genres, ACE Online offers a fully unique and unrivaled MMO experience. For more info, visit: http://ace.subagames.com/landing.aspx

About Wicked Interactive
Wicked Interactive Ltd. is a video game publisher, founded in 2008, and based in Toronto, Canada -- the tech capital of Ontario. Through its SUBA Games platform, Wicked Interactive plans to create a centralized destination where North American gamers can access a range of Massively Multiplayer Online (MMO) game experiences. The Wicked Interactive Mission is to provide an exciting and robust MMO game experience that is free and enjoyable to everyone. For more info, visit: http://www.wickedinteractiveltd.com .

About SUBA Games
SUBA Games is Wicked Interactive’s online gaming portal. Through SUBA Games, Wicked Interactive provides a library of free-to-download and free-to-play massively multiplayer online games. SUBA Games users enjoy a unified login and a unified currency across all SUBA properties, in addition to a friendly and active community space with unparalleled customer communication and support. For more info, visit: http://www.subagames.com .

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it is very difficult to gauge the value added of a higher education, especially the economic value. Think of such college dropouts as Bill Gates, Steve Jobs, and Mark Zuckerberg.

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Differential achievement is an important factor in maximizing the productivity of that fertile environment, inherited wealth is not.

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Thanks for the cool badgees! When do we find out who the Petties nominees are???

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I just realized I'll still be typing next week if I keep talking about the great stuff we've gotten, so I'm going to list it!

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I just realized I'll still be typing next week if I keep talking about the great stuff we've gotten, so I'm going to list it!

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