Stream Your Event | Partners | Speakers CART ITEMS: - | CHECKOUT

Lewis Schiff: The Changing Face of American Wealth

Watch Full Video | free previews

Commonwealth Club of California

Commonwealth Club

Info
Bio
Chapters
Preview
Zoom In

Lewis Schiff Examines the Middle Class Millionaire

03 min 28 sec

Add to Profile

Lewis Schiff names the most important factor in creating wealth as enlightened self-interest, or the -- at times -- Machiavellian desire to succeed.

Middle class millionaires are more likely to leverage the legal system, take advantage of weaknesses in other people and believe the ends justify the means.
Lewis Schiff Explains 'Trickle Down' Wealth

02 min 30 sec

Add to Profile

Lewis Schiff asserts that although the choices the wealthy make to accumulate wealth may be morally or socially questionable, we all benefit from their progress.

"The rich work for the poor" in America, Schiff says, by our collective benefit from their innovation and efficiency.
Lewis Schiff Detaches Education from Wealth

03 min 14 sec

Add to Profile

Lewis Schiff claims that education level has little impact on future wealth.

Although networking is crucial to wealth development, middle class millionaires agree that they "went to the school of hard knocks" and learned more on the job than in the classroom.
Watch Full Program

01 hr 04 min 12 sec

Add to Profile

There are 3 comments on this program

Please or register to post a comment.

Previous FORAtv comments:

Sejong

Posted: 08.16.09, 02:33 PM

Wow... fantastic conclusion. And I love the empirical focus of the presentation--it's nice to just get the facts without a whole lot of editorializing (which I imagine must a strong temptation for anyone researching this particular topic).

icouce

Posted: 04.14.09, 06:03 PM

That's fine. Then you simply don't get some of the stuff that it takes working 80 hours a week or more to get. How much "quality" time do you think Obama has spent with his girls since he started his political career? I'm sure they know daddy loves them and I'm sure he does, but come on, let's not delude ourselves.

AlienIquirer

Posted: 11.24.08, 05:06 PM

Fascinating talk. What about piece of mind, though? And what about enjoying the simple things in life like swimming in a public pool and watching kids having fun, or taking a peaceful walk in the woods and watching birds fly by? It sure does sound nice to be very wealthy but more money, more worries. God bless those people though for creating jobs for us plain folk.

Watch Commonwealth Club of California

$99.95/Year

Unlimited access to all programs

Watch Lewis Schiff: The Changing Face of American Wealth

$4.95

30 Days Unlimited Viewing