#matthew-effect

[ follow ]
#economic-inequality #k-recovery #reaganomics #labor-and-capital #k-shaped-recovery #income-inequality
Right-wing politics
fromFortune
2 days ago

Economists agree: You're not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the 'K-shaped economy' | Fortune

The K recovery illustrates a growing economic divide where the wealthy prosper while the poor struggle, echoing historical patterns of inequality.
fromFortune
4 months ago

Economists agree: You're not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the 'K-shaped economy' | Fortune

The self-appointed "Lead Independent Director of Finance Twitter" had a dark theory in the depths of the pandemic. In 2020, they asked the universe, "Why is no one talking about a K recovery?" since there was much discussion at that time about an economic bounceback in the shape of either a U, an L, or, most bullish of all, a V. "Some things will bounce back," Ivan wrote, "some will not recover. Think about it."
Business
Science
fromNature
8 months ago

Daily briefing: Space shots from the largest digital camera in the world

The Vera C. Rubin Observatory highlights the beauty of the cosmos with its 3,200 megapixel camera, showcasing its capability to capture stunning images.
[ Load more ]