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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (631690)10/14/2011 6:18:20 PM
From: Brumar891 Recommendation  Read Replies (1) of 1577024
 
“Largely a statistical artifact and mostly a myth”

October 13, 2011 | Filed under Occupy Protest, Poverty, Todays Lessons, Truth | Posted by Rick Rice

That from St. Lawrence University economist Steven G. Horwitz on the notion that the rich are getting richer and the poor are getting poorer.

What follows has been around for a while apparently (it was uploaded in February of this year) but I had not seen it before and it seems especially timely now given all the attention being garnered by the Occupy Wall Street looney birds.

If this is accurate, and I see no reason at this point to find it less than credible, then there are alot of seriously misguided people being led down a very crooked path:

(video)

http://wizbangblog.com/2011/10/13/largely-a-statistical-artifact-and-mostly-a-myth/
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