I missed this paper when it came out, but it makes some good points about wealth concentration not often mentioned: http://cepr.net/documents/working-paper-upward-distribution-income-rents.pdf …
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Replying to @cmuratori
I think it's noteworthy as it gives conservative/libertarian arguments against the current wealth concentration, instead of just liberal.
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Here is a Teles article on it as well:http://www.nationalaffairs.com/publications/detail/the-scourge-of-upward-redistribution …
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