by Sarah Green Carmichael The Great Wealth Transfer sounds like a heist film or a game show. It’s neither. It’s a (rather morbid) shorthand for the massive amount of money boomers are expected to leave to their millennial kids — making those adult children the “richest ...
by Cory Franklin A friend of mine who lives in Cleveland recently told me a story that calls to mind a time before sports were fundamentally altered by sky-high salaries, exorbitant ticket prices, broadcast rights, team sponsorships, stadium deals, greedy owners and gambling. My ...
by Ingrid Robeyns “Every billionaire is a policy failure.” Alexandria Ocasio-Cortez exemplified this motto when she entered politics and famously wore the slogan “Tax the rich” on her gown to the Met Gala. Yvon Chouinard, the billionaire and owner of the outdoor apparel company ...
by Tyler Cowen Economists are used to the idea that intervening in concrete ways — spending on development projects, for example, or on social services — can improve outcomes. But what about psychological interventions? Is it possible to make people wealthier simply by helping ...