The REAL Problem with Billionaires

It's not what you've been told.

Billionaires can be very dangerous.

The typical leftist reasons for why they are dangerous are wrong, however.

It is not “concentration of wealth,” per se, that is a problem. Economics is not a zero-sum game. My bank account is not smaller because some rich person’s is bigger. That is not how it works.

In fact, the opposite is true. Setting aside complica…