Everybody wants to be wealthy, which is usually measured in terms of GDP (GDP: the sum of all domestically produced goods and services). While this is important to our life, it is clearly not enough. Also, the value of existing goods and of nature is not taken into account, even they very important for the…
Tag Archive: Distribution
Wealth Distribution – Citizens Misjudge Reality
Asking Americans about the real and the desired distribution of wealth (how much of total wealth are/should be owned by the richest 20% of citizens) reveals some interesting perceptions. On average it was estimated that the richest fifth of the population owns 59% of total wealth. Yet, in the same study, participants indicate that ideally,…
