China’s luxury market is surging at a double-digit rate and is expected to become the world’s largest luxury goods market within three years. Meanwhile, the Gini index (an income distribution marker) has exceeded the warning line of 0.4 set by the United Nations, signaling that the gap between the rich and the poor continues to…
China’s Luxury Market Booms While Gap Between Rich and Poor Widens
China’s luxury market is surging at a double-digit rate and is expected to become the world’s largest luxury goods market within three years. Meanwhile, the Gini index (an income distribution marker) has exceeded the warning line of 0.4 set by the United Nations, signaling that the gap between the rich and the poor continues to…
Making Society ‘Equal’ Is Unfair
April 30, 2021
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Commentary America’s cultural elites have a pathological obsession with equal representation (meaning equal outcomes) in many areas of our society. Countless schools, universities, and corporations now have some sort of diversity and inclusion director, which is just a fancy title for an overpaid activist who helps shape outcomes based on the idea that when equality…
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