Bernie Sanders justifies his millions this way: he worked for it by writing a book. He also says that if you write a book, you could be a millionaire too. It's just that easy!
Since we don't know the future, all investment is a type of speculation, and this doesn't mean banks are behaving nefariously when investing other people's money.
Many states assumed to be "turning blue" actually get more migrants from red states than from blue states. It's also a bad idea to assume that everyone who moves from Illinois agrees with the median voter from Chicago.
Usually, in the marketplace, the billionaire gets his billions when he provides a service that enormous numbers of people are willing to voluntarily pay money for.
100 years ago, coordination among central banks was engineered to speed up the renunciation of the gold standard, and greatly enlarge the freedom of all central banks to inflate money supplies.
A female flute player thinks only sexism can explain why she's paid less than a male oboist. But it turns out playing the oboe isn't the same job as playing the flute — and wages reflect this.
