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Family Wealth: Keeping It in the Family--How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations (Bloomberg Book 34)
amazon.com
There are many variations of this that highlight the inadequacy of the “money-in-the-bank” metric. There are many millionaires that have no desire to influence or help their families and close communities. On the other hand, there are people earning a minimum wage that send what little they have back home to assist their parents and friends.
Lawrence Yeo • Money Is the Megaphone of Identity
The cosmopolitan outlook of Smart America overlaps in some areas with the libertarian views of Free America. Each embraces capitalism and the principle of meritocracy: the belief that your talent and effort should determine your reward. In the narrative of Smart America, meritocracy stands alongside democracy as the twin pillars of the American sys
... See moreGeorge Packer • Last Best Hope: America in Crisis and Renewal
Big Idea Six: The Importance of Wealth and Economic Growth
Alex Taborrok • Modern Principles of Economics
We need to remember that the market is not the economy, and the economy is not the market. And the economy makes me very worried about food banks. Children are hungry, people are hungry. And when kids can’t eat they can’t pay attention in school, and if they can’t pay attention in school they can’t be good students; they can’t move forward in the w... See more
Matt Heimer • FORTUNE: The Best Financial Strategies for Surviving a Recession in 2023 from 3 Top Advisers — Modernist University
In a New York Times essay in November 2004, David Brooks put it well: Highly educated young people are tutored, taught, and monitored in all aspects of their lives, except the most important, which is character-building. But without character and courage, nothing else lasts.