The truth about the rich

Two things, both of them insanely great.

First, the amazing Global Wealth Report that has just been released by the gnomes at Credit Suisse.  This report can be misinterpreted as evidence for all sorts of geo-economic hypotheses, but what it really is, at least in my view, is excellent support for the “twice divided world” thesis, which insists that the divide between the North and the South be taken together with that between the rich and the poor.   For an extended commentary on the report — and the climate negotiations — see my High Speed History essay.

Second, George Monbiot’s latest screed, which he called The Self-Attribution Fallacy.   I don’t agree with George about everything, but this one has the EcoEquity seal of approval, big time.  And by the way, the book he references — Branko Milanovic’s The Haves and the Have Nots, is absolutely a must read.