Inheriting Wealth is Good for You (And Society)

by Brad Pearce  It seems as if hardly a week goes by that we don’t hear about some celebrity or industrialist saying that he doesn’t intend to leave his fortune to his children. There is a widespread belief in the Anglophone world that inheriting money will make children lazy and useless, and further that they don’t deserve the “unfair advantage” it would give them. Many claim to not believe in the premise of passing on wealth, the foundation of social stability since time immemorial. Part of what is going on is that the Baby Boomers, who grew up in a post-war economic … Continue reading Inheriting Wealth is Good for You (And Society)