A very basic plan for economic development.
Philanthropists of the 19th century may have single-handedly increased median income and wealth among the poorest quartile of American households and did more to close sociological wealth gaps, by financing major events and institutions impacting the progress and history of the American slave and their descendants.
A group of intellectuals came together from Harvard, Stanford, London School of Economics, the US Federal government, and MIT to put their heads together to study what contributes to the probability of someone becoming an inventor and an “Einstein”.
The self-managed 401(k) is the most common retirement plan provided by the majority of American employers, and IRA for low-income households who seek additional retirement planning advantages.
There’s no reason to demonize inheritances. However, nothing about LARGE inheritances is right or righteous.
Economic disparities have long existed in America and they persist today. The largest disparities are evident by race, per the 41-to-1 gap in median household wealth. This is larger than the gaps in rural vs urban wealth, high school vs college graduate wealth gap, married vs single, male vs female wealth, gaps in wealth by … Continue reading “About”