Economics TED Talk – Plutocrats Learn From History
Bringing data, history and common sense to political and economics arguments is usually fruitless. But this unabashed capitalist tries to bring data to the discussion. From the TED Talks paragraph, “Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why a dramatic increase in minimum wage could grow the middle class, deliver economic prosperity … and prevent a revolution.”
