Understand the Economy in 30 minutes.

http://www.economicprinciples.org | How the Economic Machine Works by Ray Dalio. The economy works like a simple machine. But many people don't understand it- or they don't agree on how it works - and this has led to a lot of needless economic suffering.

Andrew Brown shared this, and I think it's a great combination of diagrammatic narrative that truly explains what is going on.  Also found this from Scott Burns, an explanantion of wealth in america, and how distorted it has become.  

Infographics on the distribution of wealth in America, highlighting both the inequality and the difference between our perception of inequality and the actual numbers. The reality is often not what we think it is. References: http://www.motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph http://danariely.com/2010/09/30/wealth-inequality/ http://thinkprogress.org/economy/2011/10/03/334156/top-five-wealthiest-one-percent/ http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm


Wealth Redistribution. It is commendable to hear about Bill Gates, and Warren Buffet giving a bunch of there money to charity to build educational and cultural resource.  It would also be great to see the Wealthiest American look towards a plan that would distribute  wealth, and agree to an appropriate tax plan.