Davos
Free Markets Made Davos. Now Governments Are Crashing the Party
- Corporate chiefs face hands-on approach to trade, climate, tax
- ‘We’re past peak laissez-faire’ and managed economies are back
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In a memorable exchange at Davos last year, tech billionaire Michael Dell was explaining how higher taxes on the rich had never done much good anywhere, when he was contradicted. Actually, said Erik Brynjolfsson, a professor at the Massachusetts Institute of Technology, they’d worked pretty well within living memory in his own country, the U.S.