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When people care enough about something to do it well, those who do it best tend to be far better than everyone elsE.There's a huge gap between Leonardo and second-rate contemporaries. A top-ranked professional chess player could play ten thousand games against an ordinary club player without losing oncE.
Like chess or painting or writing novels, making money is a very specialized skill. But for some reason we treat this skill differently. No one complains when a few people surpass all the rest at playing chess or writing novels, but when a few people make more money than the rest, we get editorials saying this is wrong. Why? The pattern of variation seems no different than for any other skill. What causes people to react so strongly when the skill is making money?
I think there arc three reasons we treat making money as different: the misleading model of wealth we learn as children; the disreputable way in which, till recently, most fortunes were accumulated; and the worry that great variations in income are somehow bad for society. As far as I can tell, the first is mistaken, the second outdated, and the third empirically falsE.Could it be that, in a modem democracy, variation in income is actually a sign of health?
When I was five I thought electricity was created by electric sockets. I didn't realize there were power plants out there generating it. Likewise, it doesn't occur to most kids that wealth is something that has to be generateD.It seems to be something that flows from parents.
Because of the circumstances in which they encounter it, children tend to misunderstand wealth. They confuse it with money. They think that there is a fixed amount of it. And they think of it as something that's distributed by authorities (and so should be distributed equally), rather than something that has to be created (and might be created unequally). In fact, wealth is not money. Money is just a convenient way of trading one form. of wealth for another. Wealth is the underlying stuff--the goods and services we buy. When you travel to a rich or poor country, you don't have to look at people' s bank accounts to tell which kind you're in. You can see wealth-- in buildings and streets, in the clothes and the health of the peoplE.
Where does wealth come from? People make it. This was easier to grasp when most people lived on farms, and made many of the things they wanted with their own hands. Then you could see in the house, the herds, and the granary the wealth that each family createD.It was obvious then too that the wealth of the world was not a fixed quantity that had to be shared out, like slices of a piE.If you wanted more wealth, you could make it.
This is just as true today, though few of us create wealth directly for ourselves. Mostly we create wealth for other people in exchange for money, which we then trade for the forms of wealth we want. Because kids are unable to create wealth, whatever they have has to be given to them. And when wealth is something you're given, then of course it seems that it should be distributed equally. As in most families it is. The kids see to that. 'Unfair,' they cry, when one sibling (兄弟姐妹) gets more than another.
In the real world, you can't keep living off your parents. If you want something, you either have to make it, or do something of equivalent value for someone else, in order to get them to give you enough money to buy it. In the real world, wealth is (except for a few specialists like thieves and speculators) something you have to create, not something that's distributed by Daddy. And since the ability and desire to create it vary from person to person, it's not made equally.
You get paid by doing or making something people want, and those who make more money are often simply better at doing what people want. Top actors make a lot more money than B-list actors.
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A
解析:本题根据文章第二段而设,“Like chess on painting or writing nove......

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All Eskimos live most of their lives close to salt or fresh water. They may follow game inland for several hundred miles, but they always return to the shores of rivers lakes, or seas. Eskimo land has a bare look. Large rocks, pebbles, and sand cover much of the surfacE.Plants called lichen (地衣) grow right on rock. And where there is enough soil, even grass, flowers, and small bushes manage to livE.No trees can grow on Eskimo land, so geographers sometimes call this country the Arctic plains. Some animals, such as rabbits and caribou(北美驯鹿), eat the plants. Others, like the white fox and grey wolf, eat the rabbits and caribou. The Eskimo is a meat-eater, too, and may even eat a wolf when food is scarcE.The Eskimo year has two main parts: a long, cold winter and a short, cool summer. Spring and fall are almost too short to be noticeD.Summer is the good time, when food is usually plentiful. But it is also the time when the Eskimos are very busy. Winter is never far away, and the men must bring home extra meat for the women to prepare and storE.For seldom can enough animals be killed in winter to feed a family.The Far North is sometimes called the land of the midnight sun. This is true in the middle of summer, for between April 21st and August 21stthe sun never sets in Northern GreenlanD.But in midwinter the Far North is a land with no sun shining at all. Around Oct. 21stthe Eskimos of Northern Greenland see the sun setting straight south of them, and they don't see it again until February 22nD.All places on earth get about the same amount of daylight during a year. As a result, if summer is lighter, winter has to be darker.Winter nights in the Far North are seldom pitch-blank. As in the rest of the world, the stars and moon provide a little light, The northern lights also help the Eskimo to seE.And with the ground covered with snow, even a little light is reflected back to the Eskimo's eyes.Which of the following statements is NOT true?A.Eskimos do not normally eat wolves.B.Eskimos like to chase one another.C.Eskimos depend heavily on water.D.Eskimos are meat-eater.
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So far, inflation is roaring in only a few sectors of the economy. While platinum has soared 121 percent, soybeans have risen 115 percent, and an index of Real Estate Investment Trusts has climbed 42 percent since May 2001, the consumer price index (CPI) has gone up only 4.2 percent during the same perioD.The challenge is figuring out what happens next.Astute investors are asking two questions: 1) Will the dollar continue to decline? 2) Which assets will continue to inflate?The value of the dollar matters because much of what Americans buy comes from abroaD.And in the past two years, the dollar has been slipping badly: down some 25 percent against a basket of foreign currencies, including the euro and the yen. That makes imported goods more expensivE.If the dollar falls further, the rise in prices could boost inflation.And that's exactly what some analysts predict. 'This is not a run-of-the-mill problem where the currency corrects 25 percent' then stabilizes, says David Tice, Dallas-based manager of the Prudent Global Income FunD.'We have an economy that's very dependent upon ever-increasing amounts of debt. Look at borrowing in this country for automobiles and housing. At the federal level, we are creating credit as if it is going out of stylE.Given that, we think the dollar can decline substantially more from herE.'That's why Mr. Tice's income fund has invested in government bonds in countries that are major trading partners of the US. These bonds tend to increase in value as the dollar weakens.There are other ways for investors to protect themselves from inflation. For example: TIPS (Treasury Inflation-Protected Securities) are US government bonds that increase both principal and interest payments in line with the CPI U, which measures prices for urban dwellers. Thus, if the price of consumer goods goes up, TIPS owners get a boost in their rate of return. That's a level of inflation protection that most bonds and money-market funds don't providE.Still, there are no guarantees. If real interest rates rise faster than inflation, TIPS can lose value if they're not held to maturity. 'TIPS have generally been less volatile than traditional bonds,' but investors have already seen periods when their inflation-protection doesn't match the actual rise in prices, warns Duane Cabrera, head of the personal financial planning group at Vanguard, based in Valley Forge, PA.For example, the year-over-year change in the CPI U is running about 1.9 percent, be points out, but college costs have been rising about 5 percent annually.Investors should also discuss the tax consequences with their investment advisers, Mr. Cabrera notes.On the stock front, investors can also turn to natural-resource stocks or mutual funds that invest in them. A slightly more exotic option: exchange-traded funds, which act like mutual funds but trade like stocks.Commodities offer another avenue for profit during inflationary times. Individual investors probably want to avoid commodity trading, often a wild and woolly experiencE.But certain mutual funds offer share holders a chance to profit when commodity prices go up. The PIMCO Commodity Real Return Fund, for example, provides exposure to the performance of the Dow-Jones AIG Commodity Index while generating income from TIPS. Another option: the Oppenheimer Real Asset Fund, which is actively managed and tracks the Goldman Sachs Commodity Index.There's no clear winner between these stock funds and the commodities their companies have invested in. When commodity prices are falling, natural-resource firms can protect themselves by hedging their risks, says Kevin Baum, portfolio manager of the Oppenheimer Real Asset FunD.On the other band, hedging may keep them from benefiting when commodity prices risE.And the stocks can be more volatile than the commodities themselves. Gold funds typically are three times more voA.the US economy is very dependent upon ever-increasing amounts of debtB.the amount of borrowing today in the US for automobiles and housing is getting bigger and biggerC.one of the main reasons for the depreciation of dollar is the ever increasing amounts of US domestic debtsD.the US federal government is creating credit because the people have already showed unwillingness to be indebted
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