$3 $6 $9 $12 million $0 1963 99th percentile $1,457,201 1983 99th percentile $3,323,063 2016 99th percentile $10,400,000 Source: Urban Institute calculations from Survey of Financial Characteristics of Consumers 1962 (December 31), Survey of Changes in Family Finances 1963, and Survey of Consumer Finances 1983-2016 ECONOMICAL FRICTIONS INEQUALITIES
“Donnez moi 6 lignes écrites de la main du plus honnête homme, et j’y trouverai de quoi l’y faire pendre” Cardinal Richelieu "Give me 6 lines from the most honest man, I will find enough therein to hang him” POST-DEMOCRACY
“This telephone has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us” Western Union internal memo (1876)
107 SUCCESS “A Successful person isn’t necessarily better than her less successful peers at solving problems; Her pattern recognition facilities have just learned what problems are worth solving.” Ray Kurzweil