How do Americans get rich? (and stay rich?)
…surely the easiest way. That aspiration to wealth is deeply understandable. Getting high income from a good job is all well and good, but because wealth begets more wealth —…
…surely the easiest way. That aspiration to wealth is deeply understandable. Getting high income from a good job is all well and good, but because wealth begets more wealth —…
by cactus Forbes and the “Self-Made” Label I’m kinda busy these days, but this topic is small pet peeve of mine: what the heck is up with Forbes and the…
Wrong answers only: “saving” Originally Published at Wealth Economics In my last post, I tried to say precisely what the words “wealth” and “assets” mean as they’re used in this…
I don’t know much about New York City, but I do know that the upcoming NYC election will be about democracy vs wealth, the people vs wealth; about whether wealthy…
…(macro)economic analysis. And we have a perfectly good (better) vernacular term for the stock of assets. We call it wealth. See “wealth velocity” here, for example. You’ll find defense in “assets”…
…the problem, the 1% of the people who own 40% of the country’s wealth or 50% of global wealth, via a monopoly, and not from production (which alone cannot provide…
…gain the attention of the Fab Five’s law clerks once the Court is asked to hear the case. Normally, they attach this label to anything concerning property rights or wealth…
…of production, even though in the “higher stage of socialism” generally labeled “pure communism,” the state is supposed to “wither away.” Capitalism is private ownership of the means of production,…
…Month, Code Switch, NPR, Authors. 1 side owned slaves. The other side started Black History Month. How a family heals. The history and future of African-American wealth, altruist.com, Najja Parker….
…critique [slightly abridged]: …he was well known for not giving much of anything until the Justice Department got on Microsoft’s case. …he gives rather less proportionate to his wealth than…