Ed Driscoll on Instapundit on the Stones’ Accountant EXILE ON MAIN STREET: In the Wall Street Journal, Andrew Stuttaford reviews A Prince Among Stones, P…

And so did the Rolling Stones: In 1971, multimillionaire British rock star John Lennon recorded “Imagine” with its notorious line, “Imagine no possessions.” That same year, the Rolling Stones’ didn’t need to just imagine it — their coffers really were empty, thanks to their previous mismanagement. Under Loewenstein’s advice, the Stones left England and moved to France, to avoid having their wealth confiscated by the rapacious taxation of high income earners by the British government, recorded Exile On Main Street, and never looked back.  It’s a reminder of Conquest’s First Law of Politics, “Everyone is conservative about what he knows best,” particularly when it’s their money that’s on the line. (As opposed to grabbing more of yours.)

via Instapundit » Blog Archive » EXILE ON MAIN STREET: In the Wall Street Journal, Andrew Stuttaford reviews A Prince Among Stones, P….

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