The Dangers Of Compound Interest

Paul Collins, writing in Lapham's Quarterly, takes a fascinating dive into the intriguing history of trusts and estates meant to last for centuries: The notion of a “Methuselah” trust has a long history—and as with many peculiar notions, Benjamin Franklin got there first. Upon his death in 1790, Franklin’s will contained a peculiar codicil setting … Continue reading The Dangers Of Compound Interest