Piketty argues billionaires are harmful to economic growth and calls for a 90% wealth tax on those worth more than 2 billion euros.
Major healthcare stocks up 5% in Friday trading after the announcement.
Sen. Sanders and Rep. Ocasio-Cortez announce $180 billion Green New Deal for public housing legislation
The legislation would create almost 250,000 union jobs, reduce public housing costs by $97 million per year, and cut costs from energy consumption by $613 million.
Stocks went down after Nixon impeachment but up after Clinton’s.
The data which cover the years 1989 through 2018 reveal a consistent trend of widening wealth inequality.
Bolivian President Evo Morales resigned Tuesday following what is widely regarded to be a military coup. Morales had held the office of President since 2006.
The government’s top antitrust official warned large technology companies they could be pursued for antitrust law violations.