How did the “Income” of rich people mentioned in the literature of 19th-century work?

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When reading a book like the Count of Monte Chriato or Scherlock Holmes, they mention that this and this person has an income of 4000 pounds and that person will have this and this income when she marries.

How does that work? Most of these people do not do any actual job.

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Anonymous 0 Comments

Kind of a nerdy book, but if you’re ever looking for a super thorough explanation of the history of wealth, read capital in the 21st century. It’s big, but surprisingly approachable and the author references books by Austen and Balzac a lot, which is fun. It’s really eye opening about how wealth inequality has returned to levels in the 1800s.

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