Tag Archives: wealth

Time Traveling Thought Experiment

By Josh Weil | Published: February 7, 2010
Imagine for a moment that one of your ancestors from 200 years ago (1810) gets transported to the present day. Further imagine that you take her on a tour of Bill Gates’ primary residence. What do you think she will be impressed by? What consumer goods in the house will leave her awestruck? H/T Don Boudreaux Social [...]
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Richard Epstein on Happiness

By Josh Weil | Published: December 25, 2009
The best EconTalk I’ve heard in a long time. Epstein’s humanity really comes through in a way that’s not often felt. Insightful on both individuals and social institutions. Social Bookmarking
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Mind the Gap

By Josh Weil | Published: November 26, 2009
Paul Graham’s essay from way back when (2004) addresses the foundations of wealth and material prosperity. Nothing earth shattering, but a well written piece that shows why income inequality is not a priori wrong. I highly recommend reading the entire essay. Some of the major points Graham makes are: People make wealth through creation Wealth ≠ money Only since [...]
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