Here’s Why You Should Be Preparing For The Next Generation of Your Income, Tech Insider
A couple weeks ago, I wrote an article called “I don’t think we’re going to see a revolution in income inequality in the next few decades.”
The post was followed up by an article in which I wrote: “There is a lot of talk these days about ‘income inequality.’
I’m not sure what that means exactly, and it’s unclear what is the right definition.”
I’ve been thinking a lot about the intersection of these two pieces.
In the years leading up to this article, I’ve written extensively about how inequality is not only growing in the U.S., but in the rest of the world.
For example, in the United Kingdom, inequality is much higher than in the West.
In recent years, I also wrote about how income inequality is increasing in many developed countries.
While there are differences between the U and the West in many aspects, there are also many similarities.
In a way, I was right.
If you think about it, inequality in income is a pretty simple concept.
It is defined as how much income one person earns from the work they do.
It’s based on how much one person can earn from the services they provide.
For example, if you earn $100,000, and one person does $60,000 worth of work, you earn a certain amount.
The other person can get up to $30,000.
So, for example, $100/hour is about $1,500 per hour.
So, if two people work the same hours for $100 per hour, and that $100 is divided by two, they would each get $10 per hour as wages.
The concept of income inequality can also be illustrated in terms of a stock market.
If you’re a stockbroker, you can buy stocks with a small margin of safety.
If one person buys 100 shares for $10 each, and another person buys $1.50 per share for $1 per share, the $10 in profits goes to the investor and the $1 goes to one person.
Now, the stock market is a great place to see what a typical American worker might make.
It gives a picture of how many people are making money.
However, if we look at the overall economy, we can see that wages are rising much faster than profits.
That’s because, with the rise of automation, there is a greater demand for labor, and therefore more money is being spent on wages.
That’s why we’re seeing the average worker earning $15,000 per year, which is far above the average income of the American middle class.
Another way to think about income inequality involves a new phenomenon called “invisible” wealth.
Wealth is not just money, it’s also things like real estate and other assets, which people do not own.
The wealth of the top 1 percent is just about as large as the wealth of 1 percent of the population.
What this means is that we are seeing an economic revolution in the form of inequality.
Inequality in income and wealth is growing much faster in the developed world than in many of the countries in which it is occurring.
And this inequality is being exacerbated by technology, which has transformed the economy in ways that are creating a lot more inequality.
And, it is a real threat to the survival of the human race.
This article is a guest post from Matthew T. Johnson, a professor at New York University.