The Difference Between the Lottery and Wall Street

Yesterday, I wrote an article about a deceptive shift of language from “income inequality” to “income inequity.” In it, I quoted Barack Obama, who recently claimed that hedge fund investors were the “nation’s lottery winners.” I think his dismissive assessment deserves another look, since it represents the attitude so many Americans have toward the wealthy. […]

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The Lottery: Why Money Doesn’t Solve Poverty

About a week ago, David Lee Edwards died in hospice. He was 58, completely bankrupt, divorced, miserable, and strung out from addictions and hard living. He had spent a year or so before that living in a storage shed surrounded by his waste. Rewind to 2001. David Lee Edwards was an ex-con living in his […]

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