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Thom argues disclosure increases the cost of hiding wealth but may leave the wealthiest better able to evade it.
Attributed contributors: Thom Townsend. “Thom argues disclosure increases the cost of hiding wealth but may leave the wealthiest better able to evade it..” Ownership as a Primitive for Development: Transparency vs. Privacy and the Future of Trusted Value Chains. ECOSYSTEM Summit, Barcelona, 17 September 2026. Session time 23:58–24:41. https://cs-ecosystem.commonshare.workers.dev/evidence/E-1e269ee290a2
Analyst synthesis. The recording establishes that a claim was made. It does not independently establish the claimed effect.
Thom argues disclosure increases the cost of hiding wealth but may leave the wealthiest better able to evade it.
Proposed mechanism: Raise concealment costs while recognising unequal ability to absorb them.
Limit: Cost and distributional effects not quantified.
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