What would happen if we banned billionaires?

Parth Jain

MPRA Paper from University Library of Munich, Germany

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.

Keywords: billionaires; wealth tax; climate change; SMEs; carbon footprint (search for similar items in EconPapers)
JEL-codes: H2 O4 O44 (search for similar items in EconPapers)
Date: 2023-07-10
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:118679

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