"Inequality is bad for the economy" with Matt Grudnoff

Australia has been called, “the lucky country”, but it’s clear that some people are more lucky than others.Where does inequality come from? Is it possible, or even desirable to eliminate inequality? Why does the Australian tax system reward asset speculation and penalise Aussies for working hard to earn a wage?Sam is joined by Senior Economist from The Australia Institute, Matt Grudnoff, to discuss how excessive corporate profits, stagnant wages, and an illogical tax system are undermining Australia’s ability to build a better future as the land of the fair go. They examine the ways that inequality limits economic growth, and explore what it looks like to be part of the push for positive change. Get full access to Concept Economy at samkellahan.substack.com/subscribe