From time to time I am asked what I am going to do with my summers. Am I going to get a job? An internship? What productive, respectable use will I make of my time? The answer is no such use at all–I spend my summers enjoying myself. Why? Because time is valuable.
Tag: Industrial Revolution
Communist in Name Only: China’s Rising Inequality
The official name is the People’s Republic of China, in case you might forget. You’d be forgiven of course–today’s China does not look much like a “people’s” anything. Increasingly socially and economically stratified, China’s one-party system is about the full extent of its communist or socialist leanings. Or at least, so it seems if you believe a new study out from a Chinese university in Chengdu, which puts China’s Gini coefficient at an utterly ridiculous 0.61.
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Benjamin Studebaker 