The royal wedding cleared 22.4 million viewers in the U.S.We have a love of royalty in the U.S. Perhaps it is the longing for acknowledged class differences. In the end, though, we still have the royal wedding, which offers three lessons in economic inequality. A small wealthy group receives public subsidiesThe royal family in the U.K. is fabulously wealthy and famous. National properties are held in trust for the monarchy, as I detailed a couple of years ago at Fortune.com. Rents, lumber, agricultural products, minerals, renewable energy production, licensing of rights to run undersea cables, and more generate $363 million a year, of which the royal family receives 15%.

Source: Forbes May 21, 2018 12:11 UTC