Atossa Araxia Abrahamian is the author of The Cosmopolites, about citizenship.
Last November Joseph Muscat, the prime minister of Malta, flew to Miami to convince several hundred lawyers, accountants and wealth managers of the virtues of a Maltese passport. New legislation, Muscat and his advisers said, would allow carefully screened foreigners to obtain fast-tracked, no-strings-attached Maltese citizenship in exchange for an investment of 650,000 euros. The...
On 15 November, Leonardo da Vinci’s Salvator Mundi was put up for sale at Christie’s in New York. There is something both exhilarating and embarrassing about watching the world’s wealthiest people spend 19 minutes bidding up, up, up, until a victor emerges half a billion dollars less rich. The crowd gasped as the zeros multiplied, and erupted into cheers when one of five...
In 1987, the free-market economist Gary Becker proposed selling the right to live and work in the United States. For $50,000 potential residents, especially the rich and successful, could leap...
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