Abolishing the Super Rich is a research piece, a book, and an opinion commentary by Tom Malleson. Associate professor Tom is at King’s University College at Canada’s Western University. Tom gives us a peek into his book entitled Against Inequality: The Practical and Ethical Case for Abolishing the Superrich (2023). The commentary/review of content reads nicely and the professor has his points in a row. Since we are an economics blog which touches...
Read More »Diane Coyle — Our Gilded Age (India version)
Short review of FT’s former Mumbai bureau chief James Crabtree’s The Billionaire Raj. The theme of the book is corruption, and its co-evolution with the Indian economy as the ‘licence raj’ restrictions were progressively removed, and new sectors like telecoms grew dramatically. In this new world, the super-wealthy businessmen and the politicians found they needed each other: the deployment of legislation and contracts helped the former, the opportunity to take part in business helped the...
Read More »