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The L-Curve: Income Distribution in the US


by Susan Ohanian

Thanks to Borderland, who brought this to my attention.

L-Curve. This visual representation of income distribution will shock you.

Just take a look at where Bill Gates rates, not to mention Broad, Bloomberg, and the other billionaires decreeing how schools should be run.

The L-Curve website provides more information. As they point out, EVERYONE does better when EVERYONE does better.


Think of the L-Curve when you read your daily news [I hope you do READ your daily news rather than rely on the TV infotainment that masquerades as news]. What are its implications for tax structures, campaign finance reform, the policies of the IMF, the WTO, and the World Bank, abandonment of inner cities, factory closings, sweatshop labor, "guest worker" programs, US foreign policy, why we go to war, etc. How does welfare for the poor stack up against corporate welfare?


Think about this. Watch the You Tube presentation again, and then read The Thrall of the Billionaire Boys Club. A prize-winning economics writer puts these billionaires dictating school policy in context.

— Susan Ohanian


2010-06-01

http://www.youtube.com/watch?v=woIkIph5xcU

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