
What’s the future of capitalism?
LSE IQ podcast
00:00
Tax Cuts for the Rich
Research shows that cutting taxes for the rich has no effect on economic growth or unemployment. It simply makes rich people richer, increasing income in equality in modern capitalist economies. David and julian are now following up this research by investigating why ordinary people support tax cuts for the rich. They think it probably has something to do with the importance of studying economic history.
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