Garys Economics

An update from Gary.

Discover the stark contrasts between equal and unequal economic systems and their effects on financial security and social mobility. Learn how wealth concentration shapes consumer behavior and employment prospects. Dive into the mechanics of wealth inequality, revealing how it’s perpetuated by transfer payments and leads to economic disparities. Explore the significant consequences for disadvantaged populations as wealth continues to flow from the poor to the rich.

This channel started 4 years ago today. Which of my predictions came true?

"They'll leave" is the most common response in the media if you suggest a wealth tax. But will they?

Dive into the fascinating world of wealth and its nuances. Discover how wealth differs from income and the crucial role of asset ownership, especially in housing. Uncover the stark divide in wealth distribution between the general population and the elite, highlighting how physical assets like property shape our economy. Explore how everyday spending influences wealth accumulation and who really benefits from consumer purchases, while gaining insights from a new online course that delves deeper into economic principles.

Immigration isn't the biggest problem facing working class people. Don't believe the media.

There's an election coming up, and the tories are going to lose. But don't get too excited, because I don't have much hope in Labour either. Here are my thoughts.

Are investments from rich people helping our economy to grow?

Taxes pay for everything important. But I want the rich to pay more and you to pay less.

The rich own everything, but they hide it in their tax returns.