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Do you have a reference for that assertion? According to some quick searches, it seems like that was true in the 70s and earlier, but in the recent decade the m
by jerkstate 9y ago
Do you have a reference for that assertion? According to some quick searches, it seems like that was true in the 70s and earlier, but in the recent decade the majority of millionaires and billionaires are now self-made. Of course, that googling is confirmation bias, so I'm interested in data from the other perspective.
http://www.thomasjstanley.com/2014/05/america-where-millionaires-are-self-made/ http://www.thomasjstanley.com/2014/05/america-where-milliona...
- rosser 9y agoMy information also comes from Piketty. I appreciate that my confirmation bias is possibly (probably) also in play. The campaign to smear his work, and muddy the waters around his conclusions, probably makes anything short of re-analyzing all of the primary sources one's self an exercise in appealing to authorities whose positions support one's own.
- tooltalk 9y agoI haven't read the Piketty's. Can you cite specific chapters or data?