A great read on the changing levels of income inequality (nay equity?) in the United States now that the baby boomer generation is beginning to retire. Also gives an interesting perspective of how manufactured inflation by the FED has destroyed the life savings of an entire generation.
Also in the theme of equity, recent studies showed that even Capuchian monkeys have the concept of cooperation and fairness, and do not take kindly to income inequity.
The first is an except from a TEDx talk about income inequity and monkeys - "Capuchian Monkeys Reject Unequal Pay".
The second video shows how Capuchian monkeys cooperate to beat the system - "Monkey Cooperation and Fairness".
The need for equity and fairness is not a human construct, but seems it might be an animal instinct. But I suppose we humans are more selfish than monkeys. Evolve much?
Click here for the entire TED talk.
Also in the theme of equity, recent studies showed that even Capuchian monkeys have the concept of cooperation and fairness, and do not take kindly to income inequity.
The first is an except from a TEDx talk about income inequity and monkeys - "Capuchian Monkeys Reject Unequal Pay".
The second video shows how Capuchian monkeys cooperate to beat the system - "Monkey Cooperation and Fairness".
The need for equity and fairness is not a human construct, but seems it might be an animal instinct. But I suppose we humans are more selfish than monkeys. Evolve much?
Click here for the entire TED talk.
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