What Was He Thinking?
Monday, October 7, 2013 at 3:00AM
[Positive Dennis] in Economics, Wealth

While I agree with some of the ideas in this short video, i.e. the poorest in the US is wealthier than most people around the world, I do think that there is a basic flaw in the presentation. Using income inequality to defend income inequality is got to be one of the dumber concepts I have seen in a while. Yes, if poor nations were wealthy they would be better off. This is called "begging the question." 

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