One of the very enduring arguments of not troubling the rich too much with pesky issues like taxes and regulations is that they create jobs which then leads to overall prosperity and growth.
Do they? The author of this post gives an a-la-Freakonimics example of a fictional island which is occupied by the richest people in the US. What happens – do they live happily every after or do they eat each other??
Click on the link below to find out: