We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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Newsflash – People like money! Sorry about the title, a tad misleading…
There was an interesting article on the Adam Smith Institute blog yesterday highlighting the results of a YouGov poll which was examining people’s attitudes to wealth, wealth creators and business generally. Whilst I tend not to put too much stock in polls, this does makes quite encouraging reading.
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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I like money. Absence makes the heart grow fonder.
Apparently the British think of money more then sex.
Now that’s shocking!
And, slightly off topic, but the Houston Astros are going to the Series. Yeah baby!
I must be one of the odd ones….not thinking about money so often…..
The world’s 225 richest individuals, of whom 60 are Americans with total assets of $311 billion, have a combined wealth of over $1 trillion – equal to the annual income of the poorest 47 percent of the entire world’s population.
The estimated additional cost of maintaining universal access to basic education, basic health care, reproductive health care, adequate food and clean water and safe sewers for all is roughly $40 billion a year, or less than 4 percent of the combined wealth of the 225 richest people in the world.
And?
Why do I keep seeing comparisons between wealth and income? Perhaps because if we convert the wealth into annual income, we get a much less spectacular statistic: The annual income of the wealthiest 225 individuals is equal to 4% of the annual income of the poorest 47%.
This is still almost meaningless but at least it’s not comparing two entirely different quantities.