25-make-elites-compete-why-one-percent-earn-so-much-rothwell
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summary
This blog post discusses the reasons behind the high earnings of the top one percent of income earners. The author argues that one of the main factors contributing to this income disparity is the lack of competition among elites in certain industries. The blog post suggests that by creating more opportunities for competition among the elite, such as reducing occupational licensing requirements and increasing mobility between different sectors, it would be possible to address the income inequality issue. The author also explores the impact of technology and globalization on the earning potential of the top one percent. The blog post concludes by highlighting the importance of creating a more competitive environment to ensure a fairer distribution of income.