Born rich

Reader comment on: Paul Krugman on the Angry Rich

Submitted by rachel (United States), Oct 4, 2010 20:40

How about people who are rich by birth?. Say, have a million to spent a year with doing anything.


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The Future of Capitalism replies:

How about them? They may be lucky, but they may also be burdened. Plenty of such people are unhappy, or drug addicts. Others may turn their fortunes into even bigger ones by hard work or talent. The "rich by birth" are often so by virtue of an ancestor's hard work or saving or entrepreneurship. I don't see why they should be punished for that.

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Other reader comments on this item

Title By Date
the loss of opportunity?? [123 words]MaggieOct 24, 2010 09:44
Go back to the Eisenhower-era taxes [138 words]RossOct 5, 2010 04:48
⇒ Born rich
[w/response] [19 words]
rachelOct 4, 2010 20:40
Little people make a difference [1592 words]mary LSep 21, 2010 18:25
Dear Rich People: Go on Strike, Proudly [109 words]Richard M. SalsmanSep 22, 2010 17:25
Go on strike [94 words]Robert RoarkSep 23, 2010 16:48
The Angry Rich [214 words]StephanieSep 21, 2010 04:08
Our government does more now
[w/response] [193 words]
benSep 20, 2010 21:17
Luck, or hard work and good decisions? [168 words]Ben LSep 25, 2010 10:09
Spot on [74 words]Red CabbageSep 20, 2010 18:41
Why has the cost doubled? [106 words]Jordan LundSep 20, 2010 17:54
Why has the cost doubled [23 words]StephanSep 20, 2010 23:46
Hurray for Krugman [18 words]John SmithSep 20, 2010 13:43

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