9 Best Articles in 2022
mkorostoff.github.io
Wealth, shown to scale
mkorostoff.github.io
From 2020 · Wealth inequality in the United States is out of control. Here we visualize the issue in a unique way.
Shared by 595, including Eli Pariser 🏞📲, Olúfẹ́mi O. Táíwò, Julie Zhuo, Tommy Walker, Avinash Kaushik, Guy Longworth, Jill E Duffy, Damien de France 🌍 🕊️🇺🇦, ✕✕✕✕✕, Lynne Murphy, Jennifer Stirrup - Next: #RDA #AI #AIOps #keynote, Peter Steinberger, Ellen Shapiro, Audrey Watters, Kelsey D. Atherton, Eric Holthaus, jesse squires 🏴, Scott Santens, Jeff Atwood, Robert Lepenies
threadreaderapp.com
"How to Get Rich (without getting lucky) : Seek wealth, not money or status. Wealth is having…
threadreaderapp.com
4 min read · From 2018 · Thread by @naval: "How to Get Rich (without getting lucky): Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy. Unders […]"
Reader View · Shared by 108, including Vikram Dutt, Thomas Power, Tauno, ἀποκαραδοκία, Taylor Pearson, Ward Plunet, Ferit (at 🏠) 🌙, Harsha Mv, Alain
nathanbarry.com
The ladders of wealth creation: a step-by-step roadmap to building wealth
nathanbarry.com
20+ min read · From 2019 · In college I first heard Jason Fried from Basecamp talk about how making money is a skill—like playing the drums or piano—that you can get better at over time. That resonated with me immediately. I…
Reader View · Shared by 208, including Jonathan Kogan, Chris Messina, Julia McCoy, justin 🚀, Pascal, Marc Eglon, swissmiss, Bryce Roberts
MIT Technology Review
If you’re so smart, why aren’t you rich? Turns out it’s just chance.
MIT Technology Review
9 min read · From 2018 · The most successful people are not the most talented, just the luckiest, a new computer model of wealth creation confirms. Taking that into account can maximize return on many kinds of investment.
Reader View · Shared by 610, including Cem Sertoglu 🤖, Adam Singer, Dominik Grolimund, Nigel Warburton 🧡 #RejoinEU 🇺🇦, Rodrigo Prior, Rand Fishkin, adrianoesch, Dan Ariely, Thomas Power, Steven Sinofsky, Liliane Ferrari ™, Shanna Peeples she/her 🏳️🌈, Mathias Böhm, Augie Ray, tjalve, Howard Getson, 🟣 Antonio Vieira Santos #FutureOfWork, Chris Schultz ✌️, Damien Van Achter, 𝐦𝐫𝐯𝐧
IMF
Game-Changers and Whistle-Blowers: Taxing Wealth
IMF
5 min read · From 2018 · Although income inequality has received a lot of attention lately, wealth inequality gets less notice. Economist Thomas Piketty, in his best-selling Capital in the Twenty-First Century, had even proposed a global wealth tax to tackle the problem, an idea that came to naught. The IMF’s James Brumby and Michael Keen provide an incisive look at ways in which governments could use their tax policies to target wealth inequality. getAbstract recommends this provocative report to policy experts, wealth managers, tax professionals and others with an interest in tax policy.
Summary · Shared by 79, including getAbstract
euromoney.com
Wealth management: The Next Generation
euromoney.com
~18 min read · From 2019 · Like most other finanical services, wealth management is feeling the stresses of digital transformation, changing demographics and cost pressures. Today, a handful of big-name banks and brokerage companies dominate the sector. But the ranks of boutique firms angling successfully for a growing cohort of well-heeled clients are expanding rapidly. The “next generation” of wealth management is forming at warp speed, according to journalist Helen Avery. Financial professionals will find her wide-lens report on industry shifts instructive and insightful.
TIME
Warren Buffett Shares the Secrets to Wealth in America
TIME
4 min read · From 2018 · Warren Buffett, CEO of Berkshire Hathaway, explains that the secret to wealth in America is a combination of two factors.
Reader View · Shared by 37, including Tom Connor, Alexander Seifert, Thomas Power, ἀποκαραδοκία, Ilia Markov, Remo Uherek
The New Yorker
The French Economist Who Helped Invent Elizabeth Warren’s Wealth Tax
The New Yorker
~15 min read · From 2019 · After doing more than just about any other economists to describe the powerful effect that accumulated wealth has on global inequality, Gabriel Zucman and his colleagues are now advocating for a…
Reader View · Shared by 74, including Thomas Power, Max Roser, Jochen Burkhard
Guardian Environment
Capitalism is killing the planet
Guardian Environment
~13 min read · 2021-10-30 · Instead of focusing on ‘micro consumerist bollocks’ like ditching our plastic coffee cups, we must challenge the pursuit of wealth and level down, not up
Reader View · Shared by 486, including Mariana Mazzucato, Brian D. Earp, Ph.D., Barry C Smith, Elrond Burrell (he/him), Adam R, Ferit (at 🏠) 🌙, Ray Monk, Emily Herring, Aniyia (🗣 Anita without the T) ❤️, Prof. Kimberly Nicholas, Tom Connor, Damian Carrington, Georg Diez, George Monbiot, Matthias «Delay» Göbel, Theodora (Theo) Lau - 劉䂀曼 🌻, Tom Mustill, J. P. Gownder (கவுண்டர்), Peter Yeung, Fabio Chiusi
Trending
The New York Times
9 Ways to Imagine Jeff Bezos’ Wealth
The New York Times
8 min read · Apr 7th · A fortune of $172 billion is almost impossible to fathom. For the magazine’s Money Issue, the artist Mona Chalabi came up with some extremely original comparisons.
Summary · Reader View · Shared by 92, including Ken Schwencke, Nathan Yau, Mona Chalabi, Patricia Smith, Tactical Tech, Kim Pearson
Visual Capitalist
Visualizing the Distribution of Household Wealth, By Country
Visual Capitalist
9 min read · Apr 13th · A majority of the world’s wealth is concentrated in just a few countries. In fact, almost a third of household wealth is held by Americans, while China’s population accounts for nearly a fifth.
Reader View · Shared by 80, including Nico Müller 🇺🇦, Gisele Navarro, Chris Gledhill | gledhill.eth, Dr. Marcell Vollmer 🇺🇦 #StaySafe & Carpe Diem, Theodora (Theo) Lau - 劉䂀曼 🌻
Bloomberg
To Narrow the Racial Wealth Gap, Help Entrepreneurs of Color Own Property
Bloomberg
Apr 28th · The Biden administration has focused on homeownership in its attempts to address U.S. racial wealth disparities. There’s another kind of real estate that can help build wealth for small business…
Aeon+Psyche
Corruption has shaped history. Why do we still ignore it?
Aeon+Psyche
~12 min read · Mar 31st · Corruption is a truly global crisis and the wealth addiction that feeds it is hiding in plain sight
More like this
The New York Times
9 Ways to Imagine Jeff Bezos’ Wealth
The New York Times
8 min read · Apr 7th · A fortune of $172 billion is almost impossible to fathom. For the magazine’s Money Issue, the artist Mona Chalabi came up with some extremely original comparisons.
Summary · Reader View · Shared by 92, including Ken Schwencke, Nathan Yau, Mona Chalabi, Patricia Smith, Tactical Tech, Kim Pearson
The Economist
As inequality grows, so does the political influence of the rich
The Economist
6 min read · From 2018 · Concentrated wealth leads to concentrated power
Shared by 80, including ahg, Fern, Liliane Ferrari ™, Trey Tweets Into the Void, Gideonro, Konrad Lischka
Visual Capitalist
Visualizing the Distribution of Household Wealth, By Country
Visual Capitalist
9 min read · Apr 13th · A majority of the world’s wealth is concentrated in just a few countries. In fact, almost a third of household wealth is held by Americans, while China’s population accounts for nearly a fifth.
Reader View · Shared by 80, including Nico Müller 🇺🇦, Gisele Navarro, Chris Gledhill | gledhill.eth, Dr. Marcell Vollmer 🇺🇦 #StaySafe & Carpe Diem, Theodora (Theo) Lau - 劉䂀曼 🌻
eiuperspectives.com
The New Face of Wealth and Legacy
eiuperspectives.com
From 2018 · Experts forecast that, by 2020, 32% of all wealth will be in the hands of the female population. Add to this mix women growing their contribution to global labor forces, as well as assuming senior roles in business and in government, and the Year of the Woman may well become the Decade of the Woman. The Economist Intelligence Unit analyzes the results of a survey conducted to better understand women’s growing economic influence. getAbstract recommends this robust report to financial planners, entrepreneurs and business professionals.
Summary · Shared by 3, including getAbstract
HuffPost
Just 162 Billionaires Have The Same Wealth As Half Of Humanity
HuffPost
7 min read · From 2020 · “Extreme wealth is a sign of a failing economic system,” says a new Oxfam report on global inequality.
Reader View · Shared by 58, including Fern, Tom Connor, 🆃🆁🆄🅳🆈, J. P. Gownder (கவுண்டர்), Larry Ferlazzo
Visual Capitalist
All of the World’s Wealth in One Visualization
Visual Capitalist
8 min read · From 2020 · There is $360.6 trillion of wealth globally. This graphic shows how it breaks down by country, to show who owns all of the world's wealth.
Reader View · Shared by 33, including 𝚛𝚘𝚐𝚎𝚛, Josep M. Ganyet, Chris Gledhill | gledhill.eth, Sebastien Meunier, Theodora (Theo) Lau - 劉䂀曼 🌻, Oliver Bussmann, Dr. Marigo Raftopoulos
WIRED UK
This economist has a radical plan to solve wealth inequality
WIRED UK
~15 min read · From 2020 · French economist Thomas Piketty says inequality is a political choice. The solution? Wealth taxes well beyond anything dreamed up by Bernie Sanders
Reader View · Shared by 58, including Backchannel, Todd Chas, Gutly Myrat, Simon Kuper
The New York Times
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
The New York Times
From 2018 · The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
Reader View · Shared by 304, including Shawn Venasse, zeynep tufekci, John Schwartz, Jason Stanley, Dan Gillmor, Craig Spencer MD MPH, Esther Schindler, Joshua Benton, Mathew Ingram, Ramit Sethi, NYTimes Communications, Chris Messina, Johannes Lenz, Mark Little, Brad Brooks, Dr. Janet D. Stemwedel, PhD 🏳️🌈, Jay Rosen, Klaus Eck, Alf Rehn, Liz Heron
Guardian US
The bad behavior of the richest: what I learned from wealth managers
Guardian US
7 min read · From 2018 · While those in poverty are called lazy, the idle rich are dubbed bon vivants
Reader View · Shared by 39, including Mariella Petrigni 🌍 Translator, Jochen Burkhard, Stefan Weber