Linsey McGoey

Linsey McGoey is a Professor of Sociology specializing in wealth and power dynamics, while Ryan Bourne serves as the Scharf Chair for Public Understanding of Economics. They passionately debate the morality and impact of billionaires on society, examining issues like wealth concentration, innovation, and the potential for wealth tax reforms. The conversation highlights how billionaires influence democracy and philanthropy, as well as the ethical responsibilities that come with immense wealth, challenging listeners to rethink the implications of extreme wealth accumulation.

Linsey McGoey, a sociology professor known for her insightful books on economic disparities, argues against the existence of billionaires, stressing their role in exacerbating inequality. Ryan Bourne, an economics expert from the Cato Institute, defends billionaires, highlighting their potential for innovation and philanthropy. They debate the societal impact of wealth concentration, the complexities of wealth taxation, and the influence of billionaire philanthropy on democracy and global health. The discussion culminates in a live audience vote revealing differing views on abolishing billionaires.