FreedomFest 2018

"DEBATE: Can Anything Good Come from Being Super Rich?” Recent academic studies at Berkeley and University of Virginia claim that the super-rich are poor roll models and that excessive wealth-building should be discouraged. In this debate, Lanny Ebenstein, professor of economics at UC Santa Barbara and author of the new book, "Tax the Rich More" argues that the rich can be taxed heavily without hurting incentives. Alex Green, investment director at the Oxford Club and author of “Beyond Wealth,” defends the rich, relying on the work of Thomas Stanley's "The Millionaire Next Door," that being rich is good and positive for society, and should be encouraged.