Does 'Economic Facts And Fallacies' Address Income Inequality?

Nicholas Hunt loves testing me a lot. When I just graduated from university, he tried to make me take on a five-million-dollar house mortgage. After I turned him down, Nicholas was quick to buy Yvonne Myers, the campus belle, a villa that was worth eight million dollars. It was even paid in full. As he held the property deed, he told me, "The truth is, I'm super rich. I've been pretending to be poor just so I can test your integrity. "It's a shame that you never passed my test. I'm very disappointed in you, Elizabeth. Let's break up." I just smiled at him casually. Then, I walked away without hesitation. What a coincidence. I'm the daughter of the richest man in the country. I, too, had been pretending to be poor. Four years later, we bump into each other at the Fortune List Summit. At that time, Nicholas has just squeezed into the top 50 rank. He walks into the venue with Yvonne clinging to his arm. It's then he notices me. I'm wearing plain-looking clothes without any jewelry adorning me, and I happen to be holding a child. Thinking that I'm a nanny, Nicholas begins mocking me. "Wow, you really went all out just to steal one more glance at me, huh? I can't believe you're able to follow me all the way here. "You should learn to accept reality, though. I'm on the Fortune List, while you're working as someone else's nanny. The gap between us is far too wide, so you should stop dreaming already!" I just ignore Nicholas in favor of resenting my dad for making me attend this stupid event. After all, I've just managed to block out one full day just to spend time with my son, and yet I have to waste my precious time on this dumb event.

I was from a rich family. But after I finally returned home, my parents made me sleep in the store room and eat leftover food. Yet, they still felt like they had wronged their foster daughter. When the government introduced the Children’s Fairness System, my parents immediately bound the entire family to it. My father breathed a sigh of relief and said, “With this perfectly fair system in place, Annie won’t be treated unfairly anymore.” My mother gently held my hand and said in an unyielding tone. “Ever since you came back, you’ve taken everything that was meant for Annie. This is unfair to her.” My elder brother never showed a hint of kindness toward me either. “I only acknowledge Annie as my sister. You’ve gotten way more than you deserved already, so don’t push your luck,” he said. I looked down at the cheap clothes I had worn for five years. Then, I glanced at Annie’s lavish bedroom and countless luxury items. I found it all utterly ridiculous. However, when the system took effect, they all ended up breaking down.

After my SATs are over, I go to the office block with my poverty certificate to apply for a school loan. The staff member glances at my paperwork before turning my application down coldly. "To think that you're already swindling loans from the government at such a young age! High-income families like yours aren't lacking in the money department at all!" At first, I think this is just a misunderstanding. That is, until the staff member passes me the information on my parents. "Your parents have a villa worth 20 million dollars in the city center, whereas your younger brother goes to an elite academy that costs 800 thousand dollars' worth of tuition fees per year! "Tell me, how can someone from your family be eligible to apply for a school loan?" I'm stunned, to say the least. The entire village has raised me since young. For the past 18 years, I've been the only child of an extremely impoverished family. Little do I know that my parents have already formed another family of their own in the city…

After Jason Yeo, the richest man in the world, discovers he has a year to live, he liquidates his fortune and produces a series of global actions that he hopes will create change. In his pursuit of peace and truth, Yeo addresses such issues as human traffic, nuclear war, and the poverty that imperils the Third World. When Yeo’s actions begin to rattle global power structures, he becomes the target of Deep 6, an underworld intelligence agency working for the Shadow State, a cabal of the wealthy and powerful, whose members make the big decisions on the planet. Will Deep 6 stop Yeo, or will his year run out first?

My boss, Grant Conner, tells me that since the company has doubled its sales performance this year, he'll make sure to reward me nicely. I'm filled with anticipation, thinking that perhaps it's time he's giving me a raise. When everyone's having dinner at the year-end party, they are all discussing how much they'll get for the year-end bonus. "Allow me to toast to you, Shania!" Clare Randall, an intern who has joined the company for a month, shakily stands up to her feet while holding a full glass of red wine. Her cheeks were flushed. She was clearly drunk. "I feel so lucky, Shania! I'm just a fresh grad who doesn't know anything at all, and yet my boss has given me a six-thousand-dollar base salary! On top of that, I even get to learn from a wonderful mentor like you…" My hand trembles violently at Clare's words, almost resulting in me spilling juice all over the table. I've been working at this company for five years, and yet I've never received a raise before. But Clare's salary is twice my salary even though she's just joined!

For as long as I can remember, my parents have been crying about how poor we are. In order to put food on the table, I dare not apply for a prestigious university even though I'm more than capable of doing so. Instead, I work several jobs per day just to pay the bills, hoping to lighten the financial burden on my parents' shoulders. What I didn't expect is that my parents actually bought my younger brother, Randall Carter, a 500,000-dollar Ferrari behind my back! It turns out that my so-called impoverished parents are actually millionaires! The reason why they keep in the dark about their wealth is so that I don't fight with Randall over the family wealth! But they've completely forgotten that if it wasn't for me, Randall would've drained their accounts dry a long time ago!