What is the next big thing economically? (user search)
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  What is the next big thing economically? (search mode)
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Author Topic: What is the next big thing economically?  (Read 12497 times)
KingSweden
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« on: January 08, 2017, 07:20:39 PM »

25% of all GDP to be invested in Hot Takes by 2050

The hot take bubble is already pretty close to bursting. I'm interested in shorting a hot take based derivative product.

In all seriousness, I'm hoping a land tax eventually replaces property tax
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KingSweden
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Posts: 11,227
United States


« Reply #1 on: January 16, 2017, 06:19:23 PM »

Angus Deaton echoes Gully Foyle's answer at a panel hosted at the Allied Social Sciences Associations (ASSA) annual meeting:

Nobel Laureates: Eliminating Rent Seeking and Tougher Antitrust Enforcement Are Critical to Reducing Inequality

Posted on January 10, 2017 by Asher Schechter

Angus Deaton: “A lot of the inequality in the U.S. comes from rent seeking. It comes from firms and industry seeking special protection or special favors from the government.”


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Great answer, and I agree wholeheartedly. Time for some trust-busting!
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