A lesson in economics
John Tamny points to the Forbes 400 as a Lesson in Economics. It’s an inspiring list. Here are some of my favorite quotes:
“Even though the wealth gap is a positive in most economies for driving the economic creativity of those not-yet-rich, much is made of it in the media and among politicians who worry about individual wealth consolidation even more than they do the corporate kind. A quick look at the Forbes 400 would surely assuage some of their fears.
Indeed, of the charter members of the first Forbes 400, only 32 remain today.”
“While there are 74 Forbes 400 members who inherited their entire fortune, 270 members are entirely self-made.”




