Wealth in The United States - Income Vs. Wealth

Income Vs. Wealth

While income is often seen as a type of wealth in colloquial language use, wealth and income are two substantially different measures of economic prosperity. While there may be a high correlation between income and wealth, the relationship cannot be described as causal.

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Famous quotes containing the words income and/or wealth:

    You boast of spending a tenth part of your income in charity; maybe you should spend the nine tenths so, and done with it.
    Henry David Thoreau (1817–1862)

    No wealth can buy the requisite leisure, freedom, and independence which are the capital in this profession. It comes only by the grace of God. It requires a direct dispensation from Heaven to become a walker. You must be born into the family of the Walkers. Ambulator nascitur, non fit.
    Henry David Thoreau (1817–1862)