Monday, June 27, 2011
Bearwatch: Gedankenexperiment
Consider an economy with 3 classes of people...
50 x 0K = 0K
49 x 5K = 245K
1 x 700K= 700K
TOTAL = 945K INCREASE IN WEALTH (THE FIRST YEAR)
700/945 = 74%
CHECK
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment