American economy – Perspectives & Possibilities

Tag: American economy

Kudan / Taku Kimura | Credit: Taku Kimura, Links DigiWorks inc.

Narratives

The power of belief is not necessarily related to the strength of evidence. People create different stories from the same set of facts, but the truth does not necessarily rest in the middle. In most cases, it rests wherever the science is, where the evidence is, where the facts are. That’s probably not in the middle. I wish we would quit having debates based on inferences, assumptions, beliefs, and stories and start having them on Read More

Photo of New York City by Rick Bellingham

Inequality

The featured image of this post is a picture of the downtown area of NYC—home of Wall Street. It’s a beautiful sight with majestic buildings, but there is a story unfolding that is as ugly as the buildings are beautiful. In those spectacular buildings, and in others around the world, evil lurks. Here are some facts: The highest percentage of ultra high net worth people (greater than $30 million) lives in NYC. Unfortunately, almost 50%