AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (2 comments)

  1. Dagbone

    I guess the rub of it all is that the rich can simultaneously spend $100 million on that apartment/yacht AND sit on that huge mountain of money!

  2. Seattle Sam

    So it would be better if we could get wealthy people to spend all their money on entertainment and luxury goods rather than reinvest? How? And if they did, where does the next round of venture capital come from?

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