23 April, 2017

You Are Richer than John D. Rockefeller

You Are Richer than John D. Rockefeller - Foundation for Economic Education - Working for a free and prosperous world: "Honestly, I wouldn’t be remotely tempted to quit the 2016 me so that I could be a one-billion-dollar-richer me in 1916.  This fact means that, by 1916 standards, I am today more than a billionaire.  It means, at least given my preferences, I am today materially richer than was John D. Rockefeller in 1916.  And if, as I think is true, my preferences here are not unusual, then nearly every middle-class American today is richer than was America’s richest man a mere 100 years ago.

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