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by R_D_Olivaw
160 days ago
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I wonder if regions that do this will see obvious signs of improvement that signal to the masses that "hmmm, maybe it IS worthwhile to compensate labor fairly and not just the gamblers at the top". And that novel, groundbreaking idea might spread to other regions. Or, will top percent gamblers use their gambling earnings to create misinformation and dissuade other regions/areas to not even dare try this. |
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The median age of a billionaire is around 67 years old, with data from recent years showing averages in the mid-to-high 60s. While 10% are under 50, over 40% are over 70. Everyone dies eventually.
https://www.sas.upenn.edu/~jesusfv/Slides_London.pdf
https://www.bis.org/events/conf160624/goodhart_presentation....
https://www.deccanchronicle.com/nation/dont-panic-over-falli...
https://news.ycombinator.com/item?id=45647855 (additional citations)
https://news.ycombinator.com/item?id=45029303 (additional citations)