17 karma · joined April 21, 2019
http://ykang.ca/
The real equalization problem involves everyone.
Return to the basics of trade and charity then focus on the flow of real goods and services as abstracted by the velocity of money from agent to agent.
Fundamentally, economic crashes are caused by dead money that represents concentrated, slow one-way trade patterns. Ideally, money flows across the people with perfect inclusion and closed-loops.
This is how I've always done my analysis. Start with 1000 people. Group them into 500 households along an age curve. Give each person a money account and assets along a wealth curve. Set up 100 businesses and the government. Study the dynamic system and gradually increase the realism/complexity with central banking, credit cards, etc. This is the hard unsimplified way but you will uncover the absolute truth of our system.