My family took a trip to Washington D.C. this summer because it seems to be an American tradition for 8th-grade kids visit DC and my oldest son has come of age.  One day he came home from school with a Middle…

My family toured the Washington DC monuments on Saturday and almost all of them are tributes to elite leaders or soldiers.  There are very few monuments for the poor, but the Martin Luther King monument has quotes about the poor…

This is the inaugural post for a series of occasional posts demonstrating the diminishing marginal utility (dimmeu) of wealth using common sense examples.  BornRich.com is a voyeuristic website in the tradition of Lifestyles of The Rich and Famous that the…

I have been reading Kaushik Basu’s Beyond the Invisible Hand: Groundwork for a New Economics lately.  Basu proposes that the world would be much better off with a much bigger inheritance tax because it would reduce persistent inequality.  It won’t…

Kaushik Basu says that the Vietnam War was ostensibly fought in the name of promoting democracy and freedom.  But official US war statistics don’t make it sound very free and democratic: The Indochina War, centered in Vietnam, was the most…