India  

Why Billionaires Are Actually Ruining the Economy

Video Credit: WIRED - Duration: 07:37s - Published
Why Billionaires Are Actually Ruining the Economy

Why Billionaires Are Actually Ruining the Economy

60% of Americans polled think billionaires like Elon Musk are good for the economy, but the economic data reveals something very different.

"These people become a black hole for the economy," says economist Gary Stevenson.

WIRED spoke with Gary as well as Princeton economist Atif Mian to debunk some commonly held beliefs about this nation's ultra rich.

Director: Lisandro Perez-Rey Director of Photography: Cole Evelev Editor: Chris Davies Experts: Atif Mian and Gary Stevenson Line Producer: Joseph Buscemi Associate Producer: Samantha VΓ©lez Production Manager: Eric Martinez Production Coordinator: Fernando Davila Post Production Supervisor: Alexa Deutsch Post Production Coordinator: Ian Bryant Supervising Editor: Doug Larsen Assistant Editor: Justin Symonds


You Might Like