Overview for wealth

Romney Doesn't Carry Small Change

Mitt Romney's proposed $10,000 bet with Rick Perry has earned a lot of criticism for the candidate. Given that it was a rhetorical device (albeit a clumsy one) rather than an actual bet and given that a $10,000 is not really a lot of money for a presidential campaign, I'm personally inclined to …

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Written by Eli Lehrer on Monday December 12, 2011

America's New Consumer Divide

Chrystia Freeland reports new research that suggests that 10% of US households account for 50% of US consumer spending. Chrystia Freeland reports new research that suggests that 10% of US households account for 50% of US consumer spending. Remember how folk singers back in the 1960s used to …

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Written by David Frum on Friday June 10, 2011

Trump's Number Crunchers Get to Work

According to news reports, Donald Trump is working with his accountants to prepare federal disclosure forms. So Donald Trump is working with his accountants to prepare disclosure forms. This reminds me of a favorite joke. A CEO is interviewing accountants for his company. Three applicants sit …

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Written by David Frum on Friday April 22, 2011

How Do the Rich Vote? Follow the Money

The best evidence about the political views of the super-rich comes not from unreliable surveys but from actually tracking their contributions. In response to my recent blogpost arguing that the rich really are more Republican, Frum Forum reader Ken writes that the truly wealthy "vote …

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Written by Andrew Gelman on Sunday February 27, 2011

Are the Rich More Republican?

Over at PowerLine, conservative blogger John Hinderaker claims that most rich people who are politically active are liberals. The data however shows a different story. I don't want to spend my whole life on this red state/blue state thing, but I recently follow this Instapundit link and came …

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Written by Andrew Gelman on Saturday February 26, 2011