Giving, When You Have a Lot to Give

[Note: A version of this post appeared in Philanthropy Daily on February 8, 2018.] The rich have always played a leading role in charitable giving. Now their role is getting larger. In fact, soon the middle class may not even have a speaking part. The growing...

The Few

You may have seen this recent video on wealth inequality. It graphically shows how 40% of the nation’s financial assets are now owned by only 1% of the population. By contrast, the 80% of Americans with the least wealth control only 7% of the assets. Or, to put it...