Bernie Sanders, the senior United States senator from Vermont, has once again demonstrated a troubling lack of understanding about economics in his recent attacks on billionaires like Elon Musk, Mark Zuckerberg, and Sergey Brin. In a spirited post on social media, Sanders accused these individuals of spending millions to thwart a wealth tax ballot measure instead of “paying their fair share.” This rhetoric is not only misguided, but it also


