If you sit around the kitchen table with the average Australian and ask what their biggest concerns are, they are likely to answer: mortgages, inflation, unaffordable housing, rising energy costs, or the decline in their kids’ education outcomes. That is because the average Australian does not breathe the rarefied air of Davos, Switzerland, where last week the private jets were plentiful, the caviar was generous, and champagne was flowing freely where the World Economic Forum was in town for its annual gabfest…

According to these self-appointed elites, the greatest global risk we face is not the cost of living.