Matthew Lesh, IEA Head of Public Policy, has commented in the Daily Express following Oxfam’s calls for a global wealth tax.

Matthew asserted that, “Some people getting wealthier does not intrinsically mean that anyone else is poorer.”

“People have lost incomes because of a pandemic that locked down much of the world’s economy, not because others provided useful products.”

“The lesson is clear: state intervention that prevents economic activity makes people poorer.”

Read the full article here.