I read a piece* some time ago arguing that in the Anglo economies, a conscious decision was made to use asset price appreciation as the engine of wealth creatio

I read a piece* some time ago arguing that in the Anglo economies, a conscious decision was made to use asset price appreciation as the engine of wealth creation rather than productivity growth and wage increases. Although I cannot know the truth of this argument, I feel like it explains a hell of a lot. I just rather wish I had understood such a policy had been pursued. For the author of the article, I feel she would do well to understand that who gets what is not an unfathomable and pre-ordained outcome. It is the result of the accretion of many policy choices which favour one outcome over another. *I’m very sorry I’m not able to post the link, which despite looking for myself again recently, I cannot find.