They were working out what I’ve come to call the Insulation Equation: could they earn enough money to insulate themselves from the reality they were creating by earning money in this way?

Except for the very poor, for whom income coincides with survival, the main motivators of money-seeking are not necessarily economic. For the billionaire looking for the extra billion, and indeed for the participant in an experimental economics project looking for the extra dollar, money is a proxy for points on a scale of self-regard and achieveme

There are immensely rich people in the U.S., but they all seem to have large egos. They would rather compete and bash each other than cooperate. They are constantly suing one another. And none of them wants to have anything to do with taxes. With all that happening, it is very hard to get people together to work on big projects. It makes it much ha