The English Rentiers

World-bulding time, and social awareness, too.
Britain is recreating a rentier society fit for a baby royal (Financial Times)
“I asked the panel of industry leaders how comfortable they felt with young people’s opportunities governed by the lottery of their grandparents. ‘T’was ever thus.’”

The new governor of the Bank of England, Mark Carney, “required a housing allowance more than seven times the median London full-time salary to make the capital affordable for someone without inherited wealth.” (“A housing allowance that dwarfs the salary of the prime minister.”)

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