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Haley Baumeister's avatar

Great stuff. Reminds me of many of the themes in the Reimagining Wealth series over at Public Discourse.https://www.thepublicdiscourse.com/2022/11/86006/

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Christian Allred's avatar

This was great. I'm fascinated by the challenge of passing down to posterity something of value without letting it dissipate through this type of successive division among heirs that Tocqueville describes. The great benefit of primogeniture was that it concentrated wealth across generations. But this is obviously harder to do if you intend to treat (multiple) children equally.

I appreciate some of the alternatives to property that you mention for developing an "esprit de famille," such as a business or family trade. I'd be very interested in your ideas on these if you ever feel inclined to cover them in future posts.

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