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
3 · Jul OctJan 26AprJulnow

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

Appearances

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But I think the uh important point is when you confiscate this wealth, you have effects on the rest of the economy.
The fact that these people have accumulated this wealth is the reason why we're so wealthy.
If you go to countries where don't have billionaires, they're not as wealthy as we are.
Josh, I think it's uh example of something more fundamental, which is that when people can't see something, they just often think it's not there.
So nobody sees how a billionaire creates wealth.
So they just assume the wealth was created anyway, that if we remove the billionaires, we would still get all the growth in California.
And I think that that's a fundamental mistake.
But let me change the subject a little bit.
Is there a good way to tax overall, Josh?
Well, Josh, you know, as you know, the title of this podcast is All Elsequel.
And if there's an example, I think, of an All Elsequel mistake, it's taxation, where people assume they can raise revenue and not take into account how people will react to the tax change.
The laughter curve.
Yeah.
I'm
And I'm Jonathan Burke, a finance professor at the Graduate School of Business at Stanford University.
This is the All Else Equal Podcast.
Welcome back, everybody.
Today we're gonna do something a little different in the AI space.
Everybody's obviously talking about AI and everybody has their opinion.
And we thought rather than just get AI experts, instead we should get an expert on the human brain.
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