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Bully Pulpit

The term "bully pulpit" stems from President Theodore Roosevelt's reference to the White House as a "bully pulpit," meaning a terrific platform from which to persuasively advocate an agenda. Roosevelt often used the word "bully" as an adjective meaning superb/wonderful. The Bully Pulpit features news, reasoned discourse, opinion and some humor.

Tuesday, December 26, 2006

Just What is "the World's Wealth"?

By Thomas Sowell
Real Clear Politics


The media and academic obsessions with economic "disparities" have gone international. Recent news stories proclaim that most of "the world's wealth" belongs to a small fraction of the world's people.

Let's go back to square one. Just what is "the world's wealth"?

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