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New Philosopher3 min read
Wealth
Letitia Elizabeth Landon 1802-1838 One great evil of highly civilised society is, the immense distance between the rich and the poor; it leads, on either side, to a hardened selfishness. Where we know little, we care little; but the fact once admi
New Philosopher2 min read
Why Wealth Corrupts
When construction entrepreneur Jack Whittaker won the record-breaking $315 million Powerball jackpot on Christmas night in 2002, the largest undivided lottery jackpot in history, Whittaker became an instant celebrity in West Virginia for the pot of g
New Philosopher2 min read
What Makes One Wealthy?
From the late 1940s onwards, the tool most used to measure national wealth has been Gross Domestic Product (GDP), the brainchild of Belarus-born Simon Kuznets. GDP adds up how much we spend on items like cars and couches, and then adds on top how muc

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