The rich are the same as you and I. Members of the top 1 percent make most of their money from paychecks, just like the rest of us. But the very, very rich—the 1 percent of the 1 percent—are different. They make most of their money from investments and inheritances. A kind of perpetual plutocracy was the norm for most of world history, and it’s staging a comeback, according to Thomas Piketty, the author of the influential new economic tome Capital in the Twenty-First Century. Who are the new plutocrats, and how did they get to the top of the world?
Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.