The Buffalo Bull is my newsletter and mailing list, covering various topics, and published randomly. (It's free.) It's as close as I get to a blog — not because I don't like blogs, but because I never got around to one.
⇒ Current issue: E.24 (2018.06.09) Dividing the Loot
Thanks to the efforts of the Occupy Movement, most people now know that the One Percent accumulate about half the income, and control about half the wealth, of society. The rest of us, the Ninety Nine Percent, share the other half. This distribution follows a power law, so that 0.01 percent get about a fourth, and 0.0001 percent have an eighth of the wealth, and so on. But the impact isn’t linearly proportional to the amount. A poor man or woman spends his money to survive, but the wealthy have enough left over to use to gain more wealth and power. ...
Copyright 2017 Michael Marking. All Rights Reserved.