Tag Archives: wealth

Everyone's Getting Rich

Everywhere I turn in the media, I hear that the economy is horrible. I hear that our parents had it better than we do. I hear that my generation may be the first ever to be poorer than my parents generation.

Hogwash.

First off, my parents never had iPods growing up. In fact, they didn’t even have …

Poverty in America

What causes poverty in America? Greedy capitalistic businessmen? Unethical financiers? How about marriage?:

For the most part, long-term poverty today is self-inflicted. To see this, let’s examine some numbers from the Census Bureau’s 2004 Current Population Survey. There’s one segment of the black population that suffers only a 9.9 percent poverty rate, and only …

Indian Wealth Leads to Indian Altruism

I cheer globalization, even when American workers lose their jobs to non-Americans. Why? Because the world’s poor are always made better off. To be blunt, I feel far, far more sympthathy for the poor of the world than I do for America’s newly unemployed. One group of people gets to enjoy fresh food year round, …