I had business experience. I had made my living designing and building electronic equipment. Basic business was not new to me, but the music business was completely new to me. I knew nothing about distribution, or any of those things. ↗
Redistribution of wealth would require enormous amounts of investment. The only time an elite has accepted this has been during crises, such as in America in the 1930s under Roosevelt. ↗
People really have to believe in their tax system. They have to believe that there is an equitable distribution of the burden, but there is also an important investment based upon the potential achievements that come from us paying our taxes. ↗
This new one was held for a couple months, so I guess it was better, but when we go into thinking our next record tragedy, it traditionally will probably change the distribution again and it will get held up again. ↗
The Bollywood distribution system is so corrupt that they have trouble making money off movies. So they sell shoes that an actress stepped in. If they turned up the amps some, maybe they could sell the actresses. ↗
My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth. ↗