Public Notes


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  • Miembro_de_Número shared from Capital in the Twenty-First Century by Thomas Piketty
    an increase in the tax on capital income from 0 to 30 percent (reducing the net return on capital from 5 to 3.5 percent) may well leave the total stock of capital unchanged over the long run for the simple reason that the decrease in the upper centile’s share of wealth is compensated by the rise of the middle class. This is precisely what happened in the twentieth century—although the lesson is sometimes forgotten today.
    Note: Sunday reading.
  • Miembro_de_Número shared from Capital in the Twenty-First Century by Thomas Piketty
    This level of inequality is even higher than that attained by the United States in 2000–2010,
    Note: Colombia
  • Miembro_de_Número shared from Capital in the Twenty-First Century by Thomas Piketty
    Colombia on the other hand is one of the most inegalitarian societies in the WTID: the top centile’s share stood at about 20 percent of national income throughout the period 1990–2010,
    Note: Colombia:
  • Miembro_de_Número shared from The Clash of Civilizations and the Remaking of World O by Samuel P. Huntington
    Some Westerners, including President Bill Clinton, have argued that the West does not have problems with Islam but only with violent Islamist extremists. Fourteen hundred years of history demonstrate otherwise.
    Note: Saturday night reading.
  • Miembro_de_Número shared from The Clash of Civilizations and the Remaking of World O by Samuel P. Huntington
    Georgi Arbatov’s description of IMF officials as “neo-Bolsheviks who love expropriating other people’s money, imposing undemocratic and alien rules of economic and political conduct and stifling economic freedom.”
    Note: Lecturas de trancon.
(Bogotá D.C.)
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