The Poor Are Richer Than We Think: Unlocking Dead Capital

The Poor Are Richer Than We Think: Unlocking Dead Capital
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Vincent Geloso
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Commentary
Every year, Oxfam publishes its report on world inequality. The statistic is always the same: a very small number of insanely wealthy individuals own most of the world’s wealth. The 2025 edition is no different. The titles and claims are no different: “billionaire wealth surges”; “top 5 ways billionaires are bad for the economy”; “Billionaires’ fortunes are growing at an unimaginable pace” etc.
Vincent Geloso
Vincent Geloso
Author
Vincent Geloso, senior fellow at the American Institute for Economic Research, is an assistant professor of economics at George Mason University. He obtained a doctorate in economic history from the London School of Economics.
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