The Millionaire Next Door vs. the Politician in Washington.
"Usually the wealthy individual is a businessman who has lived in
the same town for all of his life. This person owns a small factory, a
chain of stores, or a service company. He has married once and remains
married. He lives next door to people with a fraction of his wealth.
Read remarks from Jesse Taylor, Greg Ransom, Arnold Kling, and Glenn Reynolds. [memeorandum]
7:33:58 PM
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