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PragerU: As the Rich Get Richer, the Poor Get Richer

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The rich are getting richer, and the poor are… also getting richer. What’s driving this wealth creation process? In this video, Daniel Hannan explains why it is capitalism — and capitalism alone — that has led to the unprecedented enrichment that is the central fact of Western life.

As the Rich Get Richer, the Poor Get Richer

Published: Apr 9, 2018

 

Differential equations teaches us that one can use the initial conditions of the present to extrapolate events in the near term balanced with the knowledge of the past. The interaction of technological advances and the march of history is fascinating. History can inform those willing to listen as to what will happen in the future because the laws of human natural are as immutable as the elegant equations of Newtonian physics.

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