The Rich Get Richer

08/31/2007

Professors known as outstanding lecturers do two things; they use a simple plan and many examples.
W. McKeachie

According to ODE magazine (April, 2005; www.odemagazine.com)...

“The number of millionaires in the world increased by 7.5 percent in 2003 to 7.7 million.... These 7.7 millionaires have combined assets of $28 trillion ... or three times the national income of the United States. The percentage of growth in the number of millionaires was the largest in the United States (13.6 percent) and Asia (10 percent). In contrast to this exorbitant wealth, there are 2.76 billion poor people who live on less than two dollars a day. The standard of living of the poor is falling in many parts of the world, especially sub-Saharan Africa."

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