A new MacBook Pro or a nice digital SLR

Reporting on the Credit Suisse Research Institute’s global wealth report, The Economist explains:

If the world’s wealth were divided equally, each household would have $56,540. Instead, the top 1% own more than half of all global wealth. The median wealth per household is just $3,582; if you own more than that, you are in the richest 50% of the world’s population.

Even for those who believe that it’s ethical for your wealth to be determined by the amount of economic value you create for others, the evidence that high wages are deserved is weak (especially for top executives).

Author: Milan

In the spring of 2005, I graduated from the University of British Columbia with a degree in International Relations and a general focus in the area of environmental politics. In the fall of 2005, I began reading for an M.Phil in IR at Wadham College, Oxford. Outside school, I am very interested in photography, writing, and the outdoors. I am writing this blog to keep in touch with friends and family around the world, provide a more personal view of graduate student life in Oxford, and pass on some lessons I've learned here.

Leave a Reply

Your email address will not be published. Required fields are marked *