Monday, January 26, 2015

1%: Bikers or Billionaires?

The big news is that one percent of the people in the world have more of the money than everybody else combined. And don't get me wrong, I have the same visceral resentful reaction as you do. But don't forget, being wealthy is expensive. The number of dollars it takes to feed a family of four for a day in your neighborhood isn't enough to tip the wine steward in some joints. One humanday of healthy nutrition is a more consistent measure than any currency, so we have to conclude that rich people get much crummier money than we do.

1 comment:

Anonymous said...

Nice brain exercise.