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October 19, 2005
Wednesday
 
 
Newsflash - People like money!
Perry de Havilland (London)  UK affairs

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.

Comments

I like money. Absence makes the heart grow fonder.


Posted by Citizen Stuart at October 20, 2005 12:24 AM

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!


Posted by Robert at October 20, 2005 06:03 AM

I must be one of the odd ones....not thinking about money so often.....


Posted by gravid at October 20, 2005 04:03 PM

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.


Posted by Gus Abrams at October 20, 2005 04:48 PM

And?


Posted by Verity at October 20, 2005 07:16 PM

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.


Posted by Chris H at October 21, 2005 08:03 AM
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