Wealthiest Americans of All Time Open any major news site or newspaper these days, and chances are pretty good you’ll be reading about entrepreneurs-turned-celebrities Mark Zuckerberg, Dennis Crowley or Andrew Mason (who recently shocked us all by turning down Google’s $6 billion offer for his company, Groupon). Sure enough, those young folks are truly fascinating: still in their 20s or early 30s, internet revolutionaries, millionaires. Look at the big picture, though, and you’ll realize that at least when it comes to personal wealth, they still have a long way to go. And probably will. In this infographic, we’ve compiled a list of the richest Americans of all time, along with a look of their net worth at death (if applicable, and in 2010 dollars), how they amassed that wealth and the industries they helped build along the way.
The global debt clock Gold & Inflation As the story goes, someone asked an economist how his wife was doing, and the economist answered "compared to what?" Joking aside, this is one of the most important questions one can ask when dealing with many economic problems. In recent times, with gold reaching all-time highs, we have seen people question the valuation of assets in dollars. The way the dollar yardstick is being shrunk is by increasing the stock of money, which means that there are more dollars in circulation. Why would governments want to decrease the value of our money? First, creating more dollars is an easy way to pay for government expenditures. Second, we all know that scarce, desirable goods are more expensive than abundant ones. Unfortunately for us, this process of devaluation can be done until money is completely worthless. Usually, cheap goods are a good thing. But wouldn't more money make us richer? You see, if you were thrown in the middle of the desert, a pile of money wouldn't do you any good.
Socialism America's Economic Myths "The Olympian gods" Nicolas-André Monsiau (1754–1837) Mainstream economists and so-called experts have filled the minds of most Americans with many economic myths that are constantly reinforced by the media and repeated on the streets. These myths are erroneous at best, sometimes based on half truths. Inflation and Energy Myths Inflation — or, rather, the general rise in prices[1] —and the increase in energy prices are issues that have always created numerous economic myths.The following are some of the most common ones. Myth # 1: "Dependence on Foreign Oil" This myth basically suggests that the problem with oil prices is due to America's "dependence" on foreign oil. The high price of oil has nothing to do with its origin; the price of oil is determined in international markets. Importing a product does not mean you "depend" on it. Most, if not all, of the higher price of oil can be explained by the expansion of the money supply or the debasement of the dollar. False. Consumption Myths Note
Wealth of Nations Introduction Chapter 1. Of the Division of Stock Chapter 2. Chapter 3. Chapter 4. Chapter 5. Introduction Chapter 1. Chapter 2. Chapter 3. Part 1. PART 2. CHAPTER 4. CHAPTER 5. CHAPTER VI Of Treaties of Commerce CHAPTER VII Of Colonies PART 1 Of the Motives for establishing new Colonies PART 2 Causes of Prosperity of New Colonies PART 3 Of the Advantages which Europe has derived from the Discovery of America, and from that of a Passage to the East Indies by the Cape of Good Hope CHAPTER VIII Conclusion of the Mercantile System CHAPTER IX Of the Agricultural Systems, or of those Systems of Political Economy which represent the Produce of Land as either the sole or the principal Source of the Revenue and Wealth every Country
USA & Environment In the spirit of two popular infographics that map out the best and worst of all 50 U.S. states — the United States of Awesome and the United States of Shame — MNN decided to see how each state shines or suffers in regard to environmental and public health. Our "United States of the Environment" maps depict each state's No. 1 and No. 50 ranking for issues such as conservation, agriculture, energy efficiency, disease prevalence, pollution, natural resource availability and education, among others. Check out the two maps below, and see our list of states, stats and sources for more information. Sources for "good U.S." map:Alabama: Lowest rate of alcohol abuse or dependence (U.S. Substance Abuse and Mental Health Services Administration) Alaska: Most wetlands (U.S. Geological Survey) Arizona: Most solar power potential (USA Today, National Climatic Data Center) Arkansas: Home of Buffalo River, first U.S.
The Case Against the Fed Money and Politics By far the most secret and least accountable operation of the federal government is not, as one might expect, the CIA, DIA, or some other super-secret intelligence agency. The CIA and other intelligence operations are under control of the Congress. They are accountable: a Congressional committee supervises these operations, controls their budgets, and is informed of their covert activities. It is true that the committee hearings and activities are closed to the public; but at least the people's representatives in Congress insure some accountability for these secret agencies. It is little known, however, that there is a federal agency that tops the others in secrecy by a country mile. Thus, when the first Democratic president in over a decade was inaugurated in 1993, the maverick and venerable Democratic Chairman of the House Banking Committee, Texan Henry B. It was to be expected that Fed Chairman Alan Greenspan would strongly resist any such proposals. 1.
Moneychimp: Stocks If The World Were A Village of 100 People Sometimes we can be caught up with what is directly around us, seeing only what is in our own microcosm. Sometimes, however, when we are clear of mind and take a step back, we see that the world is far different then we thought. Toby Ng Design has created a superb series of posters that cleverly help us get an overview of how the world really appears. The 20 poster collection, titled ‘The World of 100’ is available for purchase at toby-ng.com Source: brainpickings.org
Policy pointers Financial Investing Tutorials Ponzimonium After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ... Quarterly Earnings Report A quarterly filing made by public companies to report their performance. maps home page Down to: 6th to 15th Centuries | 16th and 19th Centuries | 1901 to World War Two | 1946 to 21st Century The Ancient World ... index of places Aegean Region, to 300 BCE Aegean Region, 185 BCE Africa, 2500 to 1500 BCE Africa to 500 CE African Language Families Alexander in the East (334 to 323 BCE) Ashoka, Empire of (269 to 232 BCE) Athenian Empire (431 BCE) China, Korea and Japan (1st to 5th century CE) China's Warring States (245 to 235 BCE) Cyrus II, Empire of (559 to 530 BCE) Delian League, 431 BCE Egyptian and Hittite Empires, 1279 BCE Europe Fertile Crescent, 9000-4500 BCE Germania (120 CE) Greece (600s to 400s BCE) Gupta Empire (320 to 550 CE) Han China, circa 100 BCE Hellespont (Battle of Granicus River, 334 BCE) India to 500 BCE Israel and Judah to 733 BCE Italy and Sicily (400 to 200 BCE) Judea, Galilee, Idumea (1st Century BCE) Mesopotamia to 2500 BCE Mesoamerica and the Maya (250 to 500 CE) Oceania Power divisions across Eurasia, 301 BCE Roman Empire, CE 12 Roman Empire, CE 150 Roman Empire, CE 500