Tags » Income Inequality

How do self-made billionaires self-make their billions?

Yesterday, we posted that there are about 1,800 billionaires in the world and that about 2/3s of them are self-made … not just born lucky. 518 more words

Income Inequality

How many billionaires are there? How many are self-made?

With all of the vitriol now being cast at rich people, and with all of the broad-brush policy proposals to redistribute their wealth … you’re probably guessing a pretty big number, right? 247 more words

Income Inequality

The Pope is wrong: Employment is not exploitation

Recently, during a mass at the Vatican, Pope Francis condemned wealthy employers for paying their workers low wages and accused them of “exploitation”. (Thank you to Matthew Lau for bringing this up in his excellent… 713 more words

Business Ethics