Elon Musk became the world’s first trillionaire. Many people think that’s terrible. They’re wrong.
A young Bernie Sanders once said, “nobody should earn more than a million.” What would happen if he got his way?
Professor of Business Ethics Chris Freiman says: “We probably wouldn’t have the iPhone, Netflix, DoorDash, Amazon, Spotify…” Because if government limits success, smart people stop innovating.
In this video, we explain why, when entrepreneurs get rich, it’s usually a good thing. Here’s more from John Stossel.
Posted in
Economizing and tagged
Amazon,
billionaires,
business ethics,
capitlism,
Chris Freoman,
DoorDash,
Elon Musk,
innovations,
iPhone,
John Stossel,
money making,
Netflix,
Spotify,
trillionaires |