Tag Archives: wealth

Early in his academic career, [Paul] Schervish was a committed Democratic Socialist. But around 1990, he began interviewing wealthy people and decided that his Marxist instinct to criticize the rich was misguided. “I realized good and evil are equally distributed … Continue reading

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What does it mean to be the wealthiest country in Central America?

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@UnlearningEcon lamented the deviations-from-Pangloss framing of neoclassical economics. Normal economic theories take perfection (optimality) as a starting point and ask how real-world “market imperfections” differ from the putative abstract-free-market ideal. (That “the free market” is an abstract ideal can be verified … Continue reading

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Hebbian History

memeengine replied to your post: Or can the influence of any ancestor ever fade down to zero? (Or, well… to arbitrarily small size?) An AR[1] process can go arbitrarily ↓0 as time↑∞. But in real life the sins of the fathers … Continue reading

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Just in case you forgot that primitive living means eating live cockroaches and bony rats’ tails for extra protein. The Adi people of Tibet/India (Aranatra Pradesh) play host to the BBC’s Bruce Parry. (Source: https://twitter.com/)

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I can afford to consume each of chocolate cheese tea/coffee fruit multiple times per week. I think that qualifies me as Pretty Goddam Lucky.

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Things That Would Not Exist If Everyone Were Equal

@portereduardo and I were discussing redistributive taxation on twitter the other day. Mr Porter wrote a piece in the NY Times about hyper-taxing the tippy top margin of American income to reduce the US’ yearly government deficit. Economists Pikkety & … Continue reading

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