Audio Mises Wire

Home | Mises Library | Is Migration a Tool of the Consumptive Class?

Is Migration a Tool of the Consumptive Class?

Audio Mises Wire

Tags Cronyism and CorporatismEconomic PolicyMinarchyProgressivism

11/25/2023Jack Watt

An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do.

Original Article: Is Migration a Tool of the Consumptive Class?

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Contact Jack Watt

Jack Watt is a UK based co-founder of sovbtc.io and is an airline pilot. He is a physics graduate with long standing interest in finance and economics starting in college, where he spent a summer on bulge bracket currency and rates trading desks. He has a postgrad certificate in money, banking and central banking.

Original Article: 
Is Migration a Tool of the Consumptive Class?