Tag archives: poor

There was a popular book a few years back, Rich Dad, Poor Dad by Robert Kiyosaki which gave some very good advice about financial health and wealth. It was a catchy title, so I came up with something similar: Rich Country, Poor Country.  I’m going to examine why some countries are rich and some are […]

A recent New York Times Opinion piece claimed that inequality is not as bad as it appears because “spending power” is a more accurate measure than income or wealth. I reached out to author Peter Coy and to Berkeley economist Alan Auerbach who wrote the original paper. I asked Coy if he was familiar with […]

“The law, in its majestic equality, forbids all men to sleep under bridges, to beg in the streets and to steal bread – the rich as well as the poor.” So wrote Anatole France in The Red Lily (1894). It is difficult to express the injustice of the legal system better than that one brilliant […]

Q. I have my own money and I inherited some more from my parents. I find I am very confused about what to do with it. I buy things I don’t really need, and I give to charity but mostly only at the end of the year. I want to do something bigger and give […]