Paul Krugman: The Ungodly Rich Make Out Like Bandits, Then Flaunt Their Booty

The show-off society. "Giant yachts and enormous houses have made a comeback....And there’s no mystery about what happened to the good-old days of elite restraint. Just follow the money. Extreme income inequality and low taxes at the top are back. For example, in 1955 the 400 highest-earning Americans paid more than half their incomes in federal taxes, but these days that figure is less than a fifth. And the return of lightly taxed great wealth has, inevitably, brought a return to Gilded Age ostentation. Is there any chance that moral exhortations, appeals to set a better example, might induce the wealthy to stop showing off so much? No." Paul Krugman in The New York Times.

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"The Rich Aren't Just Grabbing A Bigger Piece Of The Income Pie. They're Taking All Of It"
http://paxonbothhouses.blogspot.com/2014/09/the-rich-arent-just-grabbing-bigger.html

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"Pope Francis Links"

http://paxonbothhouses.blogspot.com/2013/11/pope-francis-links.html

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"Plutocracy Triumphant"

Cartoon Compendium

http://paxonbothhouses.blogspot.com/2014/05/plutocracy-triumphant.html

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"Politics And Economics: The 101 Courses You Wish You Had"

http://paxonbothhouses.blogspot.com/2012/01/politics-and-economics-101-curricula.html