Who are these minority of the world's population who own a majority of the world's wealth?-Thomas Sowell.
They are the population of the United States, Western Europe, Japan and a few other affluent countries. How did these particular people come to possess so much more wealth than other people?
They did it the old-fashioned way. They produced the wealth that they own. You might as well ask why bees have so much more honey than other creatures.
Friday, December 29, 2006
Quote of the Week.
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