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Posts Tagged ‘heirs’

Freakonomics Poll: Should You Give Your Kids the Company?

That’s the question we asked in our latest podcast and hour-long Freakonomics Radio special “The Church of Scionology.” You can download/subscribe at iTunes, get the RSS feed, listen live via the media player above, or read the transcript here.
We posed this question to some true American scions: Dick Yuengling of Yuengling beer — a fifth-generation CEO — would answer yes. Two of his daughters work at the family brewery right now, and one will likely succeed him in running it. On the other hand, musician Peter Buffett — son of Warren — would answer differently.

Which of Your Kids Should Get More?

Class today is about bequests — wealth left over to one’s heirs. There are many interesting economic questions about bequests, including whether they are planned (partly yes, but partly no, because wealth is left over when people die that they had planned to spend in their very old age) and what bequests do to economic inequality (they raise it). Another . . .