Even small children love to hear simple stories about their ancestors, and as children grow into teenagers and then young adults the stories can become more complex and serious. For example, consider Great-​Grandpa Henry Knox’s many shortcomings as a rancher. Or the general klutziness of the Knox men, who are disposed to walk…

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part VII
In the last few posts I’ve spent a lot of time talking about kids who grow up in wealthy families and the issues they face, as well as talking about how virtually all American kids are raised these days. I’ve devoted so much time to these subjects because I want to emphasize the…

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part VI
In the fall of 1997 I found myself in the spacious, many-​windowed living room of a large home in a southern state I’ll call Florida, although that’s not where it was. I have also slightly modified some of the details of the family to protect their privacy.

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part V
The typical trust fund baby is well-​known to all of us: a life devoted to spending down the family’s capital on themselves, not working, having difficulty maintaining relationships, living empty lives. The fear that people will be ruined by money is so pervasive that, following the French Revolution, trusts were abolished in virtually…

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part IV
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