10 ms·
These two classes of rich that you are describing probably intersect a lot. Once you make money in business, you need to invest it somewhere that will make you
by roymurdock 11y ago
These two classes of rich that you are describing probably intersect a lot. Once you make money in business, you need to invest it somewhere that will make you a return. Land is a popular choice.
- crpatino 11y agoThat's right, this is not about making a witch hunt (you would not expect economists to do that, I think). But if you think about, let's say, competing aspects or strategies for money management... I think a point can be made that one is more beneficial to society at large than the other. So, it is the same rich people at the end, but maybe you want to incentivize them to put investments in ventures that actually do something, and to tax the arbitraging away.