Video - must watch (Wilkinson begins at about 5:00).
I subscribe to a sort of evolutionary adaptive environment/laws written in the hearts of humankind view of this. It is greed and hard-heartedness that is the fundamental problem with America and other highly unequal countries. The really interesting thing is that the harm of inequality is spread among all income and status classes, and doesn't just affect those at the bottom.
The Equality Trust has summaries of the research.
Volatility, Fear, Stocks and Gold
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Volatility, Fear, Stocks and Gold
Courtesy of Chris Vermeulen
Over the past 5 months we have seen volatility steadily decline as stocks
and commoditi...
21 minutes ago

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