tag:blogger.com,1999:blog-30897652.post2701731630033477753..comments2024-03-27T15:44:43.564-08:00Comments on What Do I Know?: Things People Sent Me - Service Dog Attacks; Maria Kang; US Wealth Distribution Ignorance; Internet Security; And MoreStevehttp://www.blogger.com/profile/10498066938213558757noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-30897652.post-15725396187762547212013-11-02T02:53:02.083-08:002013-11-02T02:53:02.083-08:00Anyway I feel lucky that I chose "scientifica...Anyway I feel lucky that I chose "scientifical" economics instead of business economics at university, I would go mad if I had to deal with economic policy (I still have the chance to choose it as specification (I don't know its proper English name) but I will pick "competition control" I guess).Ropihttps://www.blogger.com/profile/12359601042527545932noreply@blogger.comtag:blogger.com,1999:blog-30897652.post-17164593945909174092013-11-02T02:43:10.811-08:002013-11-02T02:43:10.811-08:00Yes, I understand the mechanism more or less, but ...Yes, I understand the mechanism more or less, but I question its sustainability. This tendency cannot continue forever. In Hungary we have a proverb to simbolise compromise (A kecske is jóllakjon és a káposzta is megmaradjon - the goat should be fed and cabbage should remain as well). I guess recent wealth distribution tendencies do not show a sign of compromise.Ropihttps://www.blogger.com/profile/12359601042527545932noreply@blogger.comtag:blogger.com,1999:blog-30897652.post-80235334552985859192013-11-01T22:25:03.314-08:002013-11-01T22:25:03.314-08:00I'd love to say that I did this on purpose to ...I'd love to say that I did this on purpose to pull your chain, but I'm afraid my brain just can't hold on to this one. Thanks for the correction and enjoy your time in Mexico. How long are you there? Will you go through LA on the way back? We'll be there the 8th. Stevehttps://www.blogger.com/profile/10498066938213558757noreply@blogger.comtag:blogger.com,1999:blog-30897652.post-91459968948559097252013-11-01T22:23:14.674-08:002013-11-01T22:23:14.674-08:00Ropi, this is the natural progression for unbridle...Ropi, this is the natural progression for unbridled capitalism, as those chasing money use that money to get politicians to let them keep more of it. We just saw "Inequality for All" a film I highly recommend. Stevehttps://www.blogger.com/profile/10498066938213558757noreply@blogger.comtag:blogger.com,1999:blog-30897652.post-31462066605758633822013-11-01T21:16:11.272-08:002013-11-01T21:16:11.272-08:00uh, no. I'm on vacation in Mexico so not chec...uh, no. I'm on vacation in Mexico so not checking your blog regularly, but no.<br />http://www.merriam-webster.com/dictionary/heel<br />heel<br />noun \ˈhēl\<br />1<br />a : the back of the human foot below the ankle and behind the arch<br />b : the part of the hind limb of other vertebrates that is homologous with the human heel<br />2<br />: an anatomical structure suggestive of the human heel; especially : the part of the palm of the hand nearest the wrist <br /><br />heal<br />verb \ˈhēl\<br />1<br />a : to make sound or whole <br />b : to restore to health <br /><br />Don't worry. For folks with homonym problems, spell checkers are their worst enema (pun intended).<br />AKHarpboynoreply@blogger.comtag:blogger.com,1999:blog-30897652.post-44773382686394159962013-11-01T07:57:26.280-08:002013-11-01T07:57:26.280-08:00Well, I guess in every country in the advanced Wor...Well, I guess in every country in the advanced World has income distribution like this (inverted F distribution with small degrees of freedoms). I checked the Hungarian data and according to a 2011 survey, the wage difference between the poorest and the richest 10% is 1800% so the "poorest" from the 10th decile earns 180 times more than the "richest" from the first decile.<br /><br />According to my studies wage inequalities are increasing. I saw US datas about this issue and around 1830 the richest 10% earned 3 times more than the poorest. I think the Hungarian ratio at the end of the socialism was something similar so it must be quite shocking that in 25 years the ratio increased to 180 from 3.Ropihttps://www.blogger.com/profile/12359601042527545932noreply@blogger.com