Attention Economy


Wednesday, January 10, 2024

QE, Asset Holdings, and Wealth Inequality

The QE Theory of Everything
https://www.newstatesman.com/business/economics/2024/02/the-qe-theory-of-everything
How the $30 trillion quantitative easing experiment reshaped our world – from Brexit to the dominance of Big Tech.


The wealthiest 10% own 93% of the stock market
https://www.axios.com/2024/01/10/wealthy-own-record-share-stock-market#
 
The Magnificent Seven is not the only concentration America should worry about
https://www.ft.com/content/35ea40d1-3c83-4e9b-b202-f648a5192866
Ownership of equities suggests that US democratic shareholder capitalism is more myth than reality
 
Related:
Income and Wealth Inequality in America, 1949–2016
https://www.journals.uchicago.edu/doi/pdf/10.1086/708815