The Real Economy Is Not a Free Market Distribution of Income and Wealth

i think we should have a debate about whether to trade off the a all or part of the pay roll tax. The financial activity that has exploded in recent decades contributes little, if anything, to the real economy. It's been estimated byn those who know more about it than i do, that only about fifteen per cent of financial activity consists in investment in new productive assets for the economy. Eighty five per cent consists of simply bidding up the price, r or betting on the future prices of already existing assets. So in some ways, the standard defence of a lese fair freemarket distribution of income and wealth, drawing on j k rowling or on labron james miss...