Follow LA Observed on Twitter here
Not income inequality, wealth inequality - that is, the imbalance of people with or without enough money to spend on items that go beyond a daily or monthly nut. This video picks up on Dan Ariely and Michael Norton's 2011 study of wealth distribution in the U.S. You might be surprised how people's perceptions compare with realities. (via Wonkblog)
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.