Wealth & Poverty Review | Page 2

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Printing money  - 100 dollar bills
Printing money - 100 dollar bills

What Is “M2,” And Why Should We Care About It?

Of the various “monetary aggregates” (at one point, I think over thirteen were identified), “M2” is perhaps the most commonly referenced. It is supposedly important. But why? To answer that, we have to first figure out what it is. Read More ›
thanos

Are We Running Out?

The quantity of things is important, but it’s the value of things that count. And value can change as fast as people can change their minds. Read More ›
Elon Musk
U.S. AIR FORCE ACADEMY, Colo. -- Tesla Inc. Chief Executive Officer Elon Musk speaks with Lt. Gen. Richard Clark, Superintendent of the U.S. Air Force Academy, during the Ira C. Eaker Distinguished Speaker Presentation in the Academy's Arnold Hall on April 7, 2022 in Colorado Springs, Colo. (U.S. Air Force photo by Trevor cokley)

Elon Musk’s Learning Curves

Musk is growing car and rocket knowledge every day. If he really wants to advance humanity let’s hope he can turn to generating green clean electricity knowledge next. Read More ›
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Factory Interior. Date: 18th century
Factory Interior. Date: 18th century

Work Less, Earn More, Live Longer

In 1856 men in the U.K. had a life expectancy of around 58 years, or 502,860 life hours. According to a study by Professors Jesse Ausubel and Arnulf Grübler, over the course of their lives, these men typically spent around 30 percent of their time, or 149,700 hours working. Read More ›
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Rome, Italy: The Roman Forum. Old Town of the city
Rome, Italy: The Roman Forum. Old Town of the city

Homelessness in Ancient Rome

Homelessness is nothing new. Two thousand years ago Roman historian Livy described a tugurium, a made-of-scraps lean-to like the ones I’ve seen homeless people construct on trash heaps in Guatemala City and Phnom Penh. British historian Peter Brunt’s summary is blunt: “Most of the inhabitants of Rome lived in appalling slums.’” Read More ›
Poor homeless man or refugee sleeping on the wooden bench on the

Republicans Could Lead on Mental Health Treatment

Tucked away in the gun law President Biden just signed is a provision increasing funding for preventive outpatient treatment for mental illness. This is an important step toward solving America’s mental-health crisis but only part of what’s needed. Read More ›
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Unique at Boston's Methadone Mile
Still from Jonathan Choe, © Discovery Institute

Struggling at Boston’s Methadone Mile

The Boston Celtics and Golden State Warriors are in the middle of a hotly contested NBA Finals. The beauty and majesty of both cities are on full display.  As are their flaws.    Read More ›
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Man standing on street is collecting money for charity and holds jar with coins.
Man standing on street is collecting money for charity and holds jar with coins.

Learning From History

In helping the homeless we should be both generous and discerning. If we only provide material help in a way that enables addiction and overlooks mental illness, our generosity may be selfishness that gives ourselves a warm glow but hurts others. Read More ›
printing-money-100-dollar-bills-stockpack-adobe-stock
Printing money  - 100 dollar bills
Printing money - 100 dollar bills

The Student Loan Party

President Joe Biden is poised to forgive $10,000 in student loan debt for borrowers who earn less than $150,000 per year, or $300,000 per couple, according to multiple news reports. Read More ›