From FEE <[email protected]>
Subject The irrelevance of that “3 billionaires have more wealth than half of America” factoid
Date July 22, 2019 5:05 PM
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FEE Daily

It might be a fact, but it's so meaningless that it’s actually deceitful.

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The Irrelevance of That “3 Billionaires Have More Wealth Than Half of America” Factoid ([link removed] )

by Daniel C. Jensen

Major financial news outlets like Institutional Investor and Fox Business quoted it. But they shouldn’t have. If you know a couple of basic facts about the United States population, you know it's not worth quoting. It might be a fact, but it's so meaningless that it’s actually deceitful.

MAYBE JEFF BEZOS, BILL GATES, AND WARREN BUFFET HAVE MORE WEALTH THAN ALL OF THE INFANTS, CHILDREN, STUDENTS, HANDICAPPED, PRISONERS, AND POSTGRADS COMBINED. BUT YOU DON’T NEED A PHD TO FIGURE OUT THAT’S NOT USEFUL KNOWLEDGE. ([link removed] )

Hollywood's Apocalypse Obsession Ignores Reality ([link removed] )

by Marian L. Tupy

Between 2010 and 2019, close to 100 Hollywood movies dealt with such apocalyptic subjects as run-away climate change, asteroid impacts, nuclear holocausts, resource depletion, pandemics, eschatological end of days, zombie apocalypse, cybernetic revolt, dysgenics, and alien invasions. That was an all-time record.

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A worker whose retirement is managed through a pension fund, particularly a public sector one, cannot easily move his funds elsewhere.

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Invisible Hands: Let's Talk About Entrepreneurship! ([link removed] )

Far from just being their own bosses, entrepreneurs play an incredibly important role in the economy by discovering unmet wants or needs and creating the goods & services necessary to satisfy them. If they do this well, entrepreneurs create brand new wealth and make all of our lives better!

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