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Podcast: PRay TeLL, Dr. Hash
Episode: 18 Nouveau Aristocracy
Description: Every kid played Monopoly until they learned that somebody always got everything and they ended up out of the game. Real life is very similar, if the wealth is not redistributed it will accumulate in ever increasing amounts in the hands of the very few who have it. It’s a mathematical certainty that if you have a 1% advantage at a casino, eventually you’re going to own the house, but there are people in this country who are born blessed with much more than a 1% advantage. The top 1% already own almost 40% of the wealth, and since math hasn’t chan...