Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts

Tuesday, January 25, 2011

Getting Rich

Thomas Sowell has a brilliant column on the rich. There are plenty of people on the left that criminalize wealth without understanding where it originated.

New Heroes vs. Old.

Today, we tend to think of John D. Rockefeller as just one of those famous rich people. But Rockefeller didn't just "happen to have money." How he got rich is the real story-- and it is a story whose implications reach far beyond that one particular individual.

Before Rockefeller's innovations reduced the price of kerosene to a fraction of what it had once been, there wasn't a lot for poor people to do when nightfall came, other than go to bed. But the advent of cheap kerosene added hours of light and activity to each day for people with low or moderate incomes.


Econ 101 but so easily forgotten.

Thursday, June 5, 2008

Put your wealth in perspective.

While I think some of these sites are in existence to make you feel guilty then cough up a contribution, this one makes a point we all might need to consider now and then.

While I do not feel I am in the top .15% in world income, it certainly shows just how poor most people are on this planet.

How Rich Are You?