Trust issues | Curio

Trust issues

19 mins | May 28, 2017

Compound interest could bankrupt the world. Perpetual trusts have been a feature of the western world for centuries. But while a thousand-year trust with compound interest could help save for the future, it could also bankrupt the world. In this fascinating essay, Paul Collins highlights also reveals why governments have tried to outlaw perpetual trusts.

publisher logo

From Lapham's Quarterly

Read along