Exploring Wealth Inequality

The political left seems to think that wealth inequality undermines democracy. There are many reasons why this fear is incorrect. The political views of the wealthy are not homogeneous, and on many issues, they track the views of the rest of the population. Many political leaders consider wealth inequality to be a major economic and social problem. Ryan Bourne and Chris Edwards join the show to talk about their new study that tackles this issue from multiple fronts.How do we measure inequality? Has wealth inequality gotten drastically worse in the last decade? What is a wealth tax? What is cronyism?Further Reading:Exploring Wealth Inequality, written by Chris Edwards and Ryan BourneA Wealth Tax Is a Tax on Business, written by Chris EdwardsTop Wealth Is Business Assets, written by Chris EdwardsThe Forbes 400: The Definitive Ranking Of The Wealthiest Americans, edited by Luisa Kroll & Kerry A. DolanDownsizing the Federal GovernmentSurvey of Consumer FinancesRelated Content:Wealth Tax Advocates Muddle Stocks and Flows, written by Steven HorwitzTaxation: How the Government Funds Itself, Free Thoughts PodcastAre Taxes a Democratic Alternative to Charity?, written by David S. D’Amato Hosted on Acast. See acast.com/privacy for more information.