From 2013 to 2016, the top 10% of U.S. households increased their share of total wealth from an amazing 75.3% to a stunning 77.2%. LM Otero / AP “The one who dies with the most toys wins.” “Them that ...
The New Republic on MSNOpinion

In Praise of the Idle Rich Wastrel

If we can’t raise taxes to halt intergenerational wealth accumulation, our hopes lie in heirs pissing it away.
we have just published that takes an alternative approach to understanding the economy. Rather than focus on flow-based metrics of economic performance like gross domestic product, we constructed a ...
RBI's Satish Marathe emphasizes cooperatives as essential for decentralizing economic power and preventing wealth ...
Elon Musk’s wealth has surpassed $200 billion. It would take the median U.S. worker over 4 million years to make that much. Wealth inequality is eating this country alive. We’re now in America’s ...
Opinions expressed by Entrepreneur contributors are their own. Figures compiled by the Brookings Institution in 2016 revealed that the average net worth of a white family ($171,000) was ten times that ...
For centuries, gold has been the ultimate symbol of wealth, security, and stability. But in today’s hyper-connected economy, the rules of wealth management are rapidly evolving. Physical gold, while ...