Thomas Piketty got a lot of attention, both good and bad, for his latest book. If you’ve never read it (admittedly, I have not either), the central idea is that, in capitalist economies, wealth will naturally concentrate in the hands of a… Continue Reading
The notion of “haves” and “have-nots” may erode our entire social fabric. Continue Reading
There are 72 billionaires living in London, but if we knock it down a peg to millionaires, the density becomes insane for one city. Get this: 3 in 10 people who live in Monaco are millionaires. Um: “It’s unsurprising to… Continue Reading
If you’re looking for that kind of lifestyle, your best bet is in London, apparently. The city has 72 billionaires, which is 24 more than the next-highest concentration (48, in Moscow). There are 104 billionaires in Great Britain altogether, topped… Continue Reading