距MBA研究生招生考试越来越近了，小编温馨提醒您的备考时间已经不多啦。在随后的30多天里大家一定要戒骄戒躁好好冲刺呀，不论是综合还是英语都要按照计划有条不紊地进行，调整好自己的备考节奏，不要轻易被别人影响。

Billionairesareonlyrarelypolicyfailures

Bashingbillionairesisgainingpopularity—especiallyamongcandidatestobeAmerica’spresident.ElizabethWarrenwantstotakeupto6%oftheirwealthintaxeveryyear.BernieSanderssaystheyshouldnotexist".InBritain’selection,too,thesuper-richareunderfire.JeremyCorbyn,theleaderoftheLabourParty,saysthatafairsocietywouldcontainnone.

Left-wingersblastinginequalityisnothingnew.Buttheideathatvastpersonalfortunesaremadepossibleonlywhengovernmentgoeswrongisamorenovelandseriousidea.FacebookandGoogledominateonlineadvertising;WarrenBuffettlikesfirmswithmoats"thatkeeprivalsout.aboutafifthofAmerica’sbillionairesmadetheirmoneyinindustriesinwhichgovernmentcaptureormarketfailureiscommonplace.

Whencapitalismfunctionswell,competitionwhittlesprofitsawayforsomebutalsoproducesthemforothersasentrepreneursseizemarketsfromsleepyincumbents.Thisprocesscreatesvastbenefitsforsociety.Between1948and2001,innovatorscapturedonly2%ofthevaluetheycreated.Perhapsthatiswhybillionairesaretoleratedevenbycountrieswithimpeccablesocial-democraticcredentials:SwedenandNorwayhavemorebillionairesperpersonthanAmericadoes.