One could imagine an AGI world presenting two dilemmas. The first is political: how to design taxes, transfers, or even some sort of shared ownership of computing capacity. The second is human: how to find meaning and structure in our lives when economic logic says we “won’t be missed.” The post AI’s Possible Endgame: Lots of Growth Without Many Workers appeared first on American Enterprise Institute - AEI.| American Enterprise Institute – AEI
When reading an old novel or watching a period drama movie or TV show, it is almost inevitable that some historical currency amounts will be mentioned. This is especially true when the work is deal…| Economist Writing Every Day
Amid threats from the U.S., Canadians are standing up for the values we hold dear. Foremost among Canadian values are respect for human rights and dignity. The post Manitoba deserves a strong poverty reduction plan first appeared on CCPA. The post Manitoba deserves a strong poverty reduction plan appeared first on CCPA.| CCPA
A new book takes on the quick rise—and the inequities—of paying health costs through sites like GoFundMe.| Mother Jones
Surya Gowda reviews Branko Milanović’s Visions of Inequality: From the French Revolution to the End of the Cold War and how his analysis of class and inequality applies to contemporary America. Read it at ProMarket >>| ProMarket
Estimating how many residents left New York City, neighborhood by neighborhood.| www.nytimes.com
Rising concerns about housing affordability, racial inequality and climate change are causing cities nationwide to re-examine their attachment to the detached house.| www.nytimes.com
Nostalgia over hawker culture may have trapped us into an outdated view that hawker fare must always be very cheap.| If Only Singaporeans Stopped to Think
Unsurprisingly, the wealthy will benefit disproportionately from Trump's tax bill compared to poor and working-class Americans.| The Globalist
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If the media have an incentive to maintain political division, and engagement spikes when the sheer number of people in opposition is larger, then it would be in the interest of media companies to subtly (or overtly) shape narratives that keep the minority in power, ensuring a larger pool of outraged consumers.| The Smalley Creative Blog
In March 2023, I visited Ma'agan Michael Kibbutz and had a meeting with a former| Supply and Demand (in that order)
This US survey examines: (a) Capping annual rent increases by corporate landlords at 5%, as proposed by President Biden, would make middle-income Americans substantially better off over the next ten years; (b) Capping annual rent increases at 5%, as proposed by President Biden, would substantially reduce the amount of available apartments for rent over the […]| Clark Center Forum
The first detailed nationwide data on schools’ recovery shows that achievement gaps have widened, with the poorest students the furthest behind.| www.nytimes.com
The Deseret News drives me crazy. I live in Utah, I’m LDS, and I lean to the right politically. You would expect the Utah based, LDS-owned newspaper to be a perfect match for me, but it’s not. Most…| W E Pete Peterson
Jo Michell has written a good piece in Tribune countering arguments from some on the Left around the necessity of taxation. It’s a short piece that you should read, but I understood it as goin…| principlesandinterest
When trying to estimate inequality in Britain, it sort of depends what you’re looking at. While UK income inequality rose significantly in the 1980s, it has stayed pretty steady since the early 199…| principlesandinterest
We use data on the distribution of capital gains income across and within income groups to simulate the impact of reforms to increase capital gains tax rates. Readers can use our online tool to explore different possible reforms. A reform that targeted only the highest capital gains income amounts would affect very few families, while raising substantial revenue, and increasing fairness in the tax system.| Finances of the Nation -
This commentary, an executive summary of a full report. considers the case for increasing taxes on capital gains in Canada and the implications for the upcoming reform of the alternative minimum tax (AMT), slated for release in the 2023 federal budget.| Finances of the Nation -
Rising stock prices clawback wealth from the poor and hand it to the rich. It's Robin Hood in reverse, and here's what it looks like in the United States.| Economics from the Top Down