Wednesday, January 22, 2020

Dream Hoarders

What a great term.
Unfortunately, the Dream Hoarders — and I include myself in their number — are a much bigger problem for the rest of America than the billionaires whose wealth Warren promises to expropriate. Those billionaires got that way by building companies that disrupted cozy local monopolies, and they fund coding camps for high-school dropouts; Dream Hoarders protect their professional licensing regimes and insist on ever more extensive and expensive educations in the people they hire. Dream Hoarders also pull every lever to keep their own housing prices high — and poorer kids out of their schools — while using their wealth to carefully guide their children over the hurdles they’ve erected.
Sums it up well.

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