Interesting new research:
Does Wealth Inequality
Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and
Poverty by Sutirtha Bagchi & Jan Svejnar
Full Paper: http://ftp.iza.org/dp7733.pdf
Non-Technical Summary:
http://www.theguardian.com/commentisfree/2015/jul/15/billionaires-drive-economic-growth-crony
http://www.theguardian.com/commentisfree/2015/jul/15/billionaires-drive-economic-growth-crony