Author Topic: Definition of 'Rich' Changes With Income -- NY Times  (Read 2150 times)

dude

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Definition of 'Rich' Changes With Income -- NY Times
« on: June 18, 2014, 01:06:35 PM »
Interesting article:

http://www.nytimes.com/2014/06/17/upshot/definition-of-rich-changes-with-income.html?_r=0

I tend to take MMM's approach to this and consider it from a global perspective --hell yes, I'm rich.  Then again, pretty sure that even by U.S. standards I'm rich.

Tetsuya Hondo

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Re: Definition of 'Rich' Changes With Income -- NY Times
« Reply #1 on: June 18, 2014, 02:00:11 PM »
This author confuses income with wealth.

Otherwise, it's still interesting, although not surprising.