The Economics of Ignorance - Deepstash
The Economics of Ignorance

The Economics of Ignorance

‘Wealth Inequality and Ignorance’

The elite class manipulates economic policies to amplify their wealth at the expense of others.

How can we restructure the economy to prioritize equity over elite profit?

5

13 reads

CURATED FROM

IDEAS CURATED BY

“In ‘If Only We Knew’, emerging scholar Peter S. Baron embraces a generational project to contemplate the theoretical foundations necessary for building individual and cultural resilience through community-, species-, and planet-level consciousness.” - Scott M. Lacy Ph.D.

Similar ideas to The Economics of Ignorance

The ignorance of our own ignorance

The main reason for the ignorance of our own ignorance is that we don’t need to know how everyday things work. They just do. We are used to seeing them wherever we go.

Investing in Stocks

  • It means investing in common stock, which is another way to describe business ownership or business equity.
  • When you own equity (the value of the shares issued by a company) in a business, you are entitled to a share of the profit or losses generated by that company's operatin...

The Blindspot Of Ignorance And Incompetence

The Blindspot Of Ignorance And Incompetence

Humans are not very good at self-evaluation and may be unaware of how ignorant they are. This psychological deficiency is known as the Dunning-Kruger Effect, where an illusory superiority clouds the individual and forms a cognitive bias which makes them hold many overly ...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates