The blogosphere sizzled, both pro and con, over a post in which University of Chicago law professor Todd Henderson claimed he and his physician wife are not rich.
Sure, they have a 4,700-square-foot home, two cars, a gardener, several kids in private school, a full-time nanny for their new baby and someone who comes in to clean a few times a month.
Wonder what that particular brand of poverty feels like? (Also, why two cars if he lives within walking distance of the university?)
Laura Rowley did a swell blog post called Why the rich don’t feel rich at Yahoo! Finance. You need to read it. You should also follow this link within her piece and enjoy economist J. Bradford DeLong as he scores points off Henderson, whom he designates an “unreliable narrator.”
Ain’t no schadenfreude like scholarly schadenfreude.
But do find time also to look at: