google.com, pub-2431335701173086, DIRECT, f08c47fec0942fa0 July 2024 - MarchéEconomics

July 17, 2024

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Warren Buffet explains the wealth gap

An advanced market economy Buffett believes the market economy has become more and more “specialized” with “economic rewards flowing to people with specialized talents.” This, he says, has caused the wealth gap with many people barely getting by while others thrive. “It was an agrarian economy a couple hundred years ago,” he said in an interview with CNN. “Very hard, you know, to get 20 times the wealth of the next guy because you were a little bit better farmer.…