The growing support for a wealth tax – now also from Nobel laureate Michael Spence – features heavily this week. But where does this antagonism against the rich come from? Our curated articles show that expensive education and power dynamics are as much the cause of wealth as skill is.
China’s major gathering of government officials at its Fourth Plenum has also started. We have articles addressing Xi’s lasting grip on power and also the growing risks of a conflict with Taiwan.
We also have McKinsey’s take on alternative proteins and meat, PIMCO’s takeaways from the annual IMF meetings in DC, a piece on why UK elections are not a foregone conclusion, and much more.
Enjoy!
Bilal
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