The BRILLIANT Professor Gigi Foster (UNSW) discusses "Grey Gifts" and the myth of "Skill-Biased Technological Change" regarding wealth creation in Australia.
For more information please visit the below links:
1.
PAUL FRIJTERS AND GIGI FOSTER
Battlers and plutocrats: How Political Connections Reward Australia's Super-Rich (2015). A huge proportion of Australia's richest people are amassing their wealth via political connections rather than via business innovation, write Paul Frijters and Gigi Foster.
UNSW Newsroom: Opinion
https://newsroom.unsw.edu.au/news/business-law/battlers-and-plutocrats-how-political-connections-reward-australias-super-rich
2.
PETER MARTIN
Game of Mates: How Billionaires get Rich at Our Expense (2017)
"The rich are different from you and me" the saying goes. "They have more money". But that's not the only way they are different.
Sydney Morning Herald
https://www.smh.com.au/opinion/game-of-mates-how-billionaires-get-rich-at-our-expense-20170526-gwe0dp.html
3.
PAUL FRIJTERS AND GIGI FOSTER
Rising Inequality: A Benign Outgrowth of Markets, or a Symptom of Cancerous Political Favours? (2015)
Rising inequality has become an issue of great political interest in recent years, as exemplified by the “We are the 99%” movement1 and the global response to Thomas Piketty’s 2013 book, Capital in the Twenty-First Century. Andrew Leigh’s Battlers and Billionaires: The Story of Inequality in Australia (2013) highlights the growing divide in Australia between rich and poor, ever since the 1970s.
The Grattan Institute
https://grattan.edu.au/wp-content/uploads/2015/12/834-Rising-inequality-in-Australia.pdf
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