Barack Obama sells the Democratic Party short. He talks about his fund-raising success as if his donors were part of a spontaneous movement of small-money enthusiasts who cohered around himself. In fact, Democrats have spent years building their donor network. Obama’s fund-raising base is bigger than John Kerry’s, Howard Dean’s and Al Gore’s, but it’s not different.
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4 months ago.
They are typically self-made, young and make their fortunes relatively quickly. The Super Rich are entrepreneurs, CEO’s, partners in hedge funds and private equity firms, and real estate developers.
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4 months ago.
49,000 U.S. households have a net worth between $50 million and $500 million... making mere millionaires feel inadequate.
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4 months ago.
If you’ve ever been in a relationship for very long, especially if you were married or living together, I can almost guarantee that you’ve had a money fight.
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5 months ago.
Stephen and author David Sirota discuss whether our government should be for sale.
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5 months ago.
The stark truth about managing our money these days is that we are mostly on our own.
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6 months ago.
Yesterday I noted that there is powerful evidence from the recent Gallup World Poll that rich countries are happier than poor countries. Today, I want to show you how this fact remained hidden in the data for several decades. (And I don’t mean to suggest that we are the first to discover this, but rather that those who noted this were somewhat outside the mainstream.)
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7 months ago.
In the aftermath of World War II, the Japanese economy went through one of the greatest booms the world has ever known. From 1950 to 1970, the Japanese per-person economic output grew more than sevenfold. Japan, in just a few decades, remade itself from a war-torn country into one of the richest nations on earth.
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7 months ago.
If money doesn't bring happiness, then why do people behave as though it does?
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7 months ago.









