There are dozens of theories about why women don't create more wealth themselves. Well, here's my theory: it's because we are risk averse, don't plan well, and have a messed up relationship with money.
You will probably not win the lottery, create the next Google or be entitled to a significant inheritance. Most of us can not just go out into the ma...
My grandmother was a wise woman. She would tell me, "Live each day, one at a time." When I asked her how else you could live, she would take a sip from the flask under her apron and shrug her shoulders.
The way in which oil speculator Andrew J. Hall is going to get his $100 million demonstrates clearly why we need to return to the 91 percent top bracket income taxes of the Eisenhower years.
In the last 9 months have likely seen a massive upward shift in the distribution of America's wealth. We have surging stock and bond markets and struggling housing markets.
American-style capitalism is the system that gives you pilots buying groceries with food stamps and sheriffs throwing families out of their homes. President Obama, it's time for a "new" New Deal.
Do the super-rich really earn their wealth? Financial wealth is a slippery concept especially as it slithers through a mountain of bailouts now running somewhere near $13 trillion.
We face a true national emergency. More than 30 million Americans are without jobs or are working part-time because there are no full-time jobs to be found.
Perhaps we need a new vocabulary that helps us describe a society that promotes the accumulation of vast riches, bails out the rich, and avoids responsibility for the common good.
Bloomberg is on pace to spend $118 million on this year's race and over a quarter of a billion dollars in declared campaign expenditures on his three runs for office.
I understand Bradley Birkenfeld's desire to spend less time in jail, but the story of UBS's tax cheats raises a bigger question: Why isn't there a wealth adviser-client privilege?
Galbraith reportedly got himself a $100 million piece (or more) of a Kurdish oil field. Hall's oil trading scams are picking our pockets by driving up the price of oil just enough for him to make a killing.
We can either prop up the billionaire bailout society as Geithner wants or we can begin the necessary process of breaking it up. You know what the financial interests want.
It's not that Americans are obsessed with people with money, exactly; it's that they are obsessed with how those people made that money and, more impo...
The demise in succession of three African American figures of colossal stature on the eve of the new decade caused me to wonder anew about this designation, "black royalty."
There is something important to be learned from Jeff Dunham's improbable rise. Passion and belief are often able to create a path forward where none may exist.
For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.
In 2010, the estate tax is set to disappear completely. Then in 2011 the tax returns to 2001 levels, with substantially lower wealth exemptions and higher rates. Talk about perverse incentives.
Collectively, the Forbes 400 have $1.57 trillion in wealth. It's hard to get your mind around a number like that. So let's imagine that it was available for the public good. What does $1.57 trillion buy?
The rich haven't gotten richer--or poorer--this year. The price of admission to this, the 27th edition of The Forbes 400, is $1.3 billion for the seco...
Sometimes you can't declare victory until the other side concedes defeat. That's what happened Monday in the decade-long struggle over the future of the estate tax, our nation's only levy on inherited wealth.