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
We are talking in a roundabout way that has taken us back to first principles about the human maturation process and how it interacts with the fear of affluent parents that money will ruin their children. There are several characteristic ways that affluent families go wrong, launching the shirtsleeves-​to-​shirtsleeves phenomenon that, as Jay…

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  • Issue Quarter Between the Issues
  • Issue Year 2018
  • Sub Heading The Talk, Part III
We are talking about the complex process through which infants and children are transformed from little beasts into responsible adults. More particularly, we are talking about how that process often goes wrong and never goes perfectly.

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