Saturday, April 23, 2016

Capital gains

Faced with the revelations contained within the Panama Papers, David Cameron and chums have come out fighting, blathering on about "the politics of envy" and perpetuating the myth of trickle-down economics according to which the super-rich, rather than being vilified, should instead be venerated as wealth creators. Judging by Andrew Sayers' recent article for the LSE, his provocatively titled new book Why We Can't Afford The Rich is a comprehensive (and timely) debunking of that particular fiction.

(Thanks to Adam for the link.)

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