America’s True 1%

Kennesaw- Stephen Birmingham is a great author and researcher.  In his book, America’s Secret Aristocracy he pulls back the covers and gives his readers a glimpse of how America’s blue blood families really live.  He tells how the families interact, inter-marry, and socialize. 

“Thrift was an important Puritan concept, and out of this grew the Boston notion that the best way to conserve a family fortune was to live only on the income from one’s income.” – Stephen Birmingham


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One thought on “America’s True 1%

  1. I’ve never heard of that book before, but it seems like it might be a very enlightening read. While I don’t agree with being too critical of those who spend the money they’ve earned on what they chose, I definitely can see the motivation of wanting to preserve a family fortune, no matter the size, for the next generation.

    We could all stand to take a few lessons on thrift, in my opinion. I appreciate the book suggestion.

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