| Feb 17, 2021 | Economy / Business|HP SubfeaturedHistory doesn’t repeat itself, but sometimes, as the old saw goes, it rhymes. Take this year’s Forbes 400. If you listen close enough, you can hear echoes of the first Forbes list back in 1982 — you just have to turn it up about 100 notches. Back in 1982, with...
| Nov 8, 2017 | Economy / BusinessCharles Dickens opened A Tale of Two Cities, perhaps his most famous tome, with the now iconic line, “It was the best of times, it was the worst of times.” The book is set in London and Paris during the late 1700s, the lead up to the French Revolution. While...
| Dec 2, 2015 | Economy / BusinessWhen should we be alarmed about so much wealth in so few hands? The Great Recession and its anemic recovery only deepened the economic inequality that’s drawn so much attention in its wake. Nearly all wealth and income gains since then have flowed to the top...
| Oct 15, 2014 | Economy / BusinessImagine yourself part of the typical American family. Your household would have, the Federal Reserve reported in September, a net worth of $81,200. That’s not a whole lot of money. But half of America’s households would actually have less wealth than you...
| Apr 9, 2014 | Economy / BusinessWhat does Facebook’s recent purchase of WhatsApp have to do with the estate tax? Actually, a good bit, if you’re concerned about America’s concentration of wealth. Why? Because an economy needs effective checks and balances. A tax on inherited...
