Mises Wire
Author:
C.Jay Engel
Online Publish Date:
It is becoming increasingly fashionable to agitate against the very existence of billionaires. Recently, for instance, Business Insider summarized a statement of Congresswoman Alexandria Ocasio-Cortez as follows: “[she] said a society that “allows billionaires to exist” while some Americans live in abject poverty is “immoral.” Echoing this