Jonathan Berk

speaker

579 appearances 6 recordings 1 series first heard Jun 2026 last heard 13 Aug

Jonathan Berk’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 6 in all, peaking in Jul 2026 with 3.

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All Else Equal: Making Better Decisions · Ep78 “What’s Wrong With Taxing Billionaires More?” with Joshua Rauh · 18 Jun 2026 podcast

People are not forced to buy the products that made the billionaires rich.

They chose to buy that product.

That difference, what we call consumer surplus, added immense value to the country.

Yeah, I would even not even use the word deserve.

I would say the implicit contract.

The reason these billionaires worked as hard as they did to create whatever they did was because we have an implicit contract in this country that you get to keep the benefits of what you do.

And by taking billionaires' money.

You're essentially violating that implicit contract.

And that implicit contract is the reason they worked hard in the first place.

So economic growth depends on these billionaires.

So if future billionaires feel as if that contract will be violated, it will affect their incentive to create.

Now you may say, oh, come on, Jonathan, they're self-motivated.

Well, I'm first sure of that, but let's say I give you that.

Well,

They get to create wherever they want.

They don't have to crave in California.

We don't really have to talk about how motivating it is.

We can just talk about the fact that people have a freedom

Of where they want to live.

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