Here’s my short story for Saturday:
Exploring the variables that matter most. Exploding the conventional wisdom that rules us.
Tag: wealth tax
Why taxing Billionaires is not a violation of a free market but rather a correction of a failing one
Billionaires aren’t winners of an actual free market. Their companies (eg Microsoft, Amazon, Facebook, Berkshire Hathaway, et al) are price-setting, not price-taking, monopolies, monopsonies and oligopolies. Investors don’t want to invest in companies with competition. […]
You must be logged in to post a comment.