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America's wealthy business-owning gentry class owes much of its fortune to deliberate tax-policy choices rather than pure market outcomes.
Drawn from what Brad DeLong said
SubjectAmerica
What Brad DeLong actually said
- Brad DeLong Economics professor at the University of California
The American gentry's fortunes, in other words, are in substantial part, a policy artifact.
Where this was said
↗America’s Gentry Élite: TUESDAY TRENDS & TURMOILbraddelong.substack.com
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Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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