DONALD TRUMP’S kids and Paris Hilton’s siblings were born rich. That gave them a big advantage in life. Unfair!
Inequality in wealth has grown. Today the richest 1 percent of Americans own a third of the assets. That’s not fair!
But wherever people are free, that’s what happens.Some people are luckier, smarter or just better at making money. Often they marry other wealthy, well-connected people. Over time, these advantages compound. Globalization increases the effect. This month’s issue of Forbes says the world now has 1,826 billionaires, and some struggle to find enough parking places for their jets.President Obama calls inequality “the […]