EP 293 - Unveiling the Trading Game: Gary Stevenson's Confession to Economic Inequality

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Gary is a former trader and now inequality economist who’s known for becoming Citibank’s most profitable trader in 2011 by predicting there would be an increase in economic inequality. Since then, he left trading and now campaigns for solving inequality.

Gary joins us to talk about his debut book The Trading Game: A Confession

We talk about Gary's transition from the trading floor to being a critic of economic inequality and wealth concentration. We discuss systemic economic issues, the societal and psychological impact of the wealth gap, the need for fair wealth distribution and how we can achieve it.

From proposing international taxes to addressing socio-economic implications, we break down the complexities of wealth distribution, take a look into the world of billionaires and trading, and explore Gary’s advocacy for a deeper understanding of trading dynamics, the economy, and addressing inequality.

Chapters:

00:00 Welcome to BWB

00:45 Meet Gary: From Trader to Equality Campaigner

01:41 Exploring Economic Inequality

02:21 The Wealth Accumulation Game: Insights and Anecdotes

04:55 Navigating the Complexities of Taxation and Wealth

06:45 The Impact of Economic Inequality

11:39 The Trading Floor Culture: Beyond the Stereotypes

12:16 The Unhappiness of the Wealthy: A Deep Dive

26:50 Addressing the Billionaire Tax Dilemma

33:23 Wealth Tax Debate: A Deep Dive

34:49 Psychological Impact of Wealth

35:26 Illusion of Success: Stories from the Wealthy

36:14 Navigating Happiness and Wealth in the Corporate World

37:11 Power of Privilege: A Personal Reflection

41:35 Historical Context of Wealth Inequality

44:45 Future of Wealth Distribution and Social Change

45:55 Political Landscape and the Fight Against Inequality

49:32 Personal Journey: From Trader to Activist

01:00:20 Quickfire Round: Getting to Know Gary

01:02:00 Gary's top tip for entrepreneurs

#economics #inequality #tax #garyseconomics

Website:

www.businesswithoutbullshit.me

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#garystevenson #ukpolitics #economy

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