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" ... Amazon’s stock rose by nearly 1.5% on Wednesday, pushing Bezos’ net worth up by $2.4 billion, to $184.9 billion. That makes him the richest person in the world once again, according to Forbes’ estimates. Bezos is just $200 million richer than number two richest Musk, who is worth $184.7 billion. ... "
" ... And they have richer lives for residents and visitors—arts, higher education, diverse cuisines. Given the continuing urbanization of the global economy, and economic concentration in a relatively few locations, the empirical evidence suggests that the positive externalities outweigh the negatives, and cities will keep growing. ... "
" ... As the documentary acknowledges, “the rich get richer” trope isn’t just a metaphor for reading ability. The kids who are actually rich are the ones most likely to acquire the kind of knowledge needed to understand and learn new vocabulary from sophisticated text, largely because they tend to have more highly educated parents. Hanford interviews a professor whose young son was having trouble learning to read. The school’s only advice was to read to him, but the professor and his wife were already doing that. They started spending fifteen minutes a day giving him the kind of phonics instruction he wasn’t getting in school. The boy was off and running and is now poised for success in high school. ... "
" ... But if the same $10,000 is invested in a tax-sheltered retirement plan, you’ll get the benefit of the full 10% average annual rate of return on your investments. After 20 years, your initial investment will grow to about $67,300. That means you’ll be nearly $30,000 richer just for housing your investments in the right account. ... "