Don't Confuse Predatory with Productive Wealth
Disproportionate distributions of wealth caused by ‘predatory’ institutions and differences in wealth brought about by market institutions and thrift are not the same thing.
wealth
How Anxiety, Low Self-Worth may Spark Countless Individuals to Overeat
Two studies confirm that stress is a major underlying factor in the obesity epidemic among the poor. One from Scotland, published in the journal Appetite, documents the link between overeating and the stress that accompanies income inequality.
‘Majority of people keen for their wealth to have positive impact’ finds study
More than half of people in the UK are keen for their wealth to have a positive impact on society, research finds
The post ‘Majority of people keen for their wealth to have positive impact’ finds study appeared first on Positive News.
Mises on the Importance of Adam Smith
The practical application of liberal principles multiplied population figures and, in the countries committed to the policies of economic freedom, secured even to less capable and less industrious people a standard of living higher than that of the well-to-do of the “good old” days.
You Are Richer than John D. Rockefeller
What is the minimum amount of money that you would demand in exchange for your going back to live even as John D. Rockefeller lived in 1916? Think about it. Hard. Carefully.
How to Turn a Poor Country into a Rich Country the Easy Way
International bureaucracies are trying to convince poor nations, which already suffer from bad policy, that they can succeed by imposing additional bad fiscal policy and then magically hope that growth will materialize.
Would You Rather Have Income Equality or Income Mobility?
Income equality sounds like a good thing until you realize it means that everyone is equally poor. Income inequality means that if you enter the workforce with low skills and low income, you can move up the ladder to higher incomes as you improve and increase your skills. But it also means that some people are richer than others. When is income mobility worth the income difference?
Economic Recovery Mostly A Myth For The 99 Percent
Marijo Beckman greeted Black Friday shoppers at a Boynton Beach,Fla. Walmart store Friday, Nov. 28, 2014.
Published in partnership with Shadowproof.
62 People Have More Wealth than Half the World, Top 1% Have More than All of Us
In only five years, those 62 billionaires saw their wealth grow 44% — an increase of $542 billion — to a whopping $1.76 trillion.
The post 62 People Have More Wealth than Half the World, Top 1% Have More than All of Us appeared first on The Anti-Media.