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	<title>Comments on: Marginal Revolution: Why is the top one percent earning more?</title>
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	<link>http://joshua.herzig-marx.com/2006/07/17/marginal-revolution-why-is-the-top-one-percent-earning-more/</link>
	<description>An outsider looking in to grocery</description>
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		<title>By: Keith Casey</title>
		<link>http://joshua.herzig-marx.com/2006/07/17/marginal-revolution-why-is-the-top-one-percent-earning-more/#comment-441</link>
		<dc:creator><![CDATA[Keith Casey]]></dc:creator>
		<pubDate>Wed, 26 Jul 2006 19:52:52 +0000</pubDate>
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		<description><![CDATA[&quot;At the same time, concentration of wealth introduces and encourages some (economically) bad behaviors and it behooves us all to identify and correct them.&quot;

Actually, I think that&#039;s the key... I believe that it tends to be self-correcting and therefore getting involved is only likely to screw things up.  Look at how many families have risen to power and prominence and then within a generation or two have completely collapsed due to the idiocy of a few in a single generation.

The *only* thing saving people such as Paris Hilton is the fact that someone was smart enough to put someone else in charge of her money.  Sure, she can probably go drop $1M on a party some weekend, but she can&#039;t waste the entire family fortune.]]></description>
		<content:encoded><![CDATA[<p>&#8220;At the same time, concentration of wealth introduces and encourages some (economically) bad behaviors and it behooves us all to identify and correct them.&#8221;</p>
<p>Actually, I think that&#8217;s the key&#8230; I believe that it tends to be self-correcting and therefore getting involved is only likely to screw things up.  Look at how many families have risen to power and prominence and then within a generation or two have completely collapsed due to the idiocy of a few in a single generation.</p>
<p>The *only* thing saving people such as Paris Hilton is the fact that someone was smart enough to put someone else in charge of her money.  Sure, she can probably go drop $1M on a party some weekend, but she can&#8217;t waste the entire family fortune.</p>
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