The case for taxing wealth, argument by argument.
This video argues that mainstream economists ignore wealth inequality because of how the subject is taught, focusing heavily on mathematical models that inherently exclude distributional issues and represent the economy through a single "average agent," thereby subconsciously conditioning academics to disregard inequality's importance.
Mentions Rishi Sunak, Bill Gates
Raised as a counter-argument to rebut. “maybe the problem is the interest rate is too high or government spending is too low, or government taxation is too high. You know, you're going to focus on the”
Raised as a counter-argument to rebut. “one of the big simplifications is that there is no inequality in the model. In fact, it's more than just that there is no inequality in the model. There is only”
Raised as a counter-argument to rebut. “We don't talk about falling living standards. We don't talk about why wages are falling, why it's hard to get a good job, why big cities are expensive, why thin”