What would happen if we banned billionaires?

Jain, Parth (2023): What would happen if we banned billionaires?

Abstract

This essay aims to introduce a discussion into outlawing the existence of perhaps the most significant economic actors in modern society: billionaires. By reviewing literature and statistical evidence on their impact on both a macro and microeconomic level, arguments and counterarguments about possible economic outcomes and their likelihood are discussed.

• Item Type: MPRA Paper
• Language: English
• Keywords: billionaires; wealth tax; climate change; SMEs; carbon footprint
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O44 - Environment and Growth

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