Gary Stevenson
@garyseconomics.bsky.social
28K followers 7 following 100 posts
Inequality Economist, former trader and author of The Trading Game. Other Economists make predictions, but my ones are actually right. https://linktr.ee/garysecon
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garyseconomics.bsky.social
You won't stop Reform by calling their supporters racist
garyseconomics.bsky.social
How Wealth Inequality Affects You
garyseconomics.bsky.social
Housing is getting more expensive because the rich are buying it all
garyseconomics.bsky.social
The only way to protect your future is by taxing the billionaires more.

At the @makethempay.bsky.social rally today.
garyseconomics.bsky.social
The only way to win in politics is to aggressively pursue unity and common ground
garyseconomics.bsky.social
If the people of this country are divided on immigration they will lose the fight on wealth inequality.
garyseconomics.bsky.social
Your house price going up is NOT good for your kids
garyseconomics.bsky.social
The 2008 financial crisis started a massive transfer of wealth from the middle classes to the rich, which has been accelerating for 17 years since.

This is why the economy never recovered. And why ordinary people are getting poorer and poorer.

I made my money betting on this.
garyseconomics.bsky.social
We need to tax wealth not work.

Why? Because usually no matter how hard you work, the compound interest on huge wealth grows much faster than your wages + the rich use this passive income to buy all the assets.

Someone made a game to show this:

therichdont.work
Idle — The Wealth Race
Can your hard work beat The Rich? Play and find out!
therichdont.work
garyseconomics.bsky.social
AI will drive mass unemployment and inequality
garyseconomics.bsky.social
Low interest rates after 2008 failed to achieve any real growth or increase in living standards in the UK.

If we stopped obsessing over rates, we might see how the resources are distributed – and how it's this that's holding our economy back, not monetary policy.
garyseconomics.bsky.social
Social media is where the fight is – but the left aren't even showing up