The Super-Rich Lost Money in 2011

Written by Gary North on June 20, 2012

The top 100,000 people in the world with very high net worth — at least $30 million to invest — lost money in 2011. They are down an estimated 5%. They are not yet in bread lines, of course. But it reminds us that the capital markets are unpredictable. There can be down years, even […]

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Economic Inequality and the 20-80 Law

Written by Gary North on February 9, 2012

When a Leftist starts analyzing the economy, get ready for a call for government intervention. The failure — every failure –mis a market failure. The cure — every cure — is for more government intervention. In 1897,¬†Vilfredo Pareto, an Italian economist teaching in a Swiss university, announced his discovery: in every European economy he studied, […]

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