Tag: inequality

Wealth and Entrepreneurship (why the rich get richer and why we should help the poor)

by Chris Yeh

The popular belief is that entrepreneurs are “hungry” because they come from modest backgrounds. Here in America, we love a great “rags to riches” story.  Of course, it should be noted that America’s two richest men, Bill Gates (son of a wealthy attorney) and Warren Buffett (son of a stockbroker/Congressman) don’t exactly provide validation for … Continue reading Wealth and Entrepreneurship (why the rich get richer and why we should help the poor)

You can be a dick and be right

by Chris Yeh

Venture Capital legend Tom Perkins stirred up quite a bit of outrage with his letter to the editor in the Wall Street Journal: http://on.wsj.com/1aGMGJy In this editorial (which Perkins presumably dashed off without showing it to any competent public relations professional), he criticizes what he perceives as a rise in unfair criticism of the wealthy.  … Continue reading You can be a dick and be right

Does Social Media make people miserable?

by Chris Yeh

One of the unexpected effects of the rise of social media may be its impact on the perception of inequality. We know that the perception of inequality can have a negative effect on happiness. Comparing oneself to others is a potent and dangerous temptation. Indeed, studies show that most people would prefer a situation in … Continue reading Does Social Media make people miserable?