Peter Singer | What Should a Billionaire Give-And What Should You?
Singer explores the ethical issues associated with philanthropy on a large scale, such as the billions of dollars donated by Bill Gates and Warren Buffet, including questions raised concerning motive, obligation, and relation to government aid. He concludes with a hypothetical calculus of distribution for the wealthy to the poor that would more than solve the crisis of poverty among the world's poorest peoples.
-According to the economist Herbert Simon, ___________ is responsible for up to 90% of wealth.

Question

Quizplus · Accepted Answer

Herbert Simon argued that social capital, which includes factors like the societal infrastructure and the environment one is born into, is responsible for up to 90% of wealth.