Cartoon – Buying Happiness
According to a report from Oxfam the world’s eight richest people are worth as much as the 3.6 poorest people in the world. The total of their worth is $426 billion compared to 50% of the world’s poorest at $409 billion. The billionaires included in this list are Bill Gates ($75 billion), Warren Buffett ($61 billion), and Mark Zuckerberg ($45 […]
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Roger Pasquier hunts for coins on NYC sidewalks and keeps track of how much he finds. He discovered an odd consequence of everyone having a smartphone: people don’t pick up change on the sidewalk anymore. From 1987 to 2006, he averaged about fifty-eight dollars a year. Then Apple introduced the iPhone, and millions of potential competitors started to stare at […]
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In just one year, 28,745 Americans injure themselves with paper money and coins.
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“It cuts us off from life, from vitality, from the alive sun and the alive earth, as nothing can. Nothing, not even the most fanatical dogmas of an ironbound religion, can insulate us from the inrush of life and inspiration as money can.” – D.H. Lawrence
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China’s wealth gap has widened so much that the country now one of the most unequal outside of sub-Saharan Africa. A respected Chinese institute found this week that China’s Gini coefficient, a number that represents income inequality, has soared from 0.41 a decade ago to 0.61 today. Anything over 0.5 is considered to be destabilizing, and South Africa, where opulent […]
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A Bit of News Not Fake An article in the paper reports something one doesn’t see happen in America very often. Eighty billionaires, millionaires and others close to that level in New York have written to their lawmakers and governor asking to have their taxes raised. They want to support schools, build roads and bridges, and help the poor […]
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“This planet has — or rather had — a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movements of small green pieces of paper, which is odd because on the whole it wasn’t […]
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