@paulg Saved to my reading list. Getting my popcorn ready first.
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@paulg another brilliant piece - thank you for writing clear and trueThanks. Twitter will use this to make your timeline better. UndoUndo
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Good example of the naive stupidity that gives Silicon Valley a bad name - "
@paulg: Economic Inequality: http://paulgraham.com/ineq.html "Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg "few would do it if one couldn't." Are you sure? Isn't tech entrepreneurship mostly about creativity for its own sake? -
@paulg the economy would benefit if we decreased the initial risks of startups through#BasicIncome, but taxed success more to pay for it.
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@paulg also there's a very big difference between creating wealth through one's own creativity and luck, and inheriting great wealth.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Great essay. Wealth is not zero sum. "If you want to become a billionaire, help a billion people" - Peter DiamandisThanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg finally, very few of today's very wealthy are wealth creators; most are inheritors or rent seekers. -
@simon_brooke@paulg The fraction of people on the Forbes "rich list" who inherited their wealth has dropped from 60% to 30% over 3 decades. - Show replies
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@paulg Securing the rights of the poor (and others) and making sure the legal system isn't disadvantaging them should be the primary metric.Thanks. Twitter will use this to make your timeline better. UndoUndo
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