Who Is Inherited Wealth?

Rebekah Mercer may be the most powerful woman in conservative politics today, and she’s never held--and probably will never run for--elected office. Since 2004, Rebekah Mercer has been the director of the Mercer Family Foundation, which means for nearly twenty years she has been ...  Show more

Mayor Pete is now Secretary Buttigieg, which means that the former Mayor of South Bend, Indiana, is now a member of the Biden Administration. A surprisingly popular presidential candidate in 2020, Buttigieg has an unusual story, and in just a few years, he’s gone from planning bi ...  Show more

For generations, the Trump family has used government and politicians as a path to profit. As president, Donald Trump has taken things even further.

“This guy is a state capitalist,” said Trump’s first biographer, reporter Wayne Barrett, <a href="https://www.wnyc.org/st ...

Sam Harris speaks with Daniel Markovits about the problems with meritocracy. They discuss the nature of inequality in the United States, the disappearance of the leisure class, the difference between labor and capital as sources of inequality, the way the education system amplifi ...  Show more

“Wealth is the paramount indicator of economic prosperity and well-being,” says the economist Darrick Hamilton. He’s right. Policy analysis tends to focus on income, but it is wealth that often determines whether we can send our kids to college, pay for an illness, quit a job, ...

Rich people are often able to pay little or no tax compared to their wealth because of the way the system works. In recent years, many have called for changes and reforms so that instead of income, wealth is also taxed. But, wealth taxes are not a new thing. Many argue that they ...  Show more