What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an interesting measure, lifetime consumption, taking in account (roughly) both years lived and how much one consumes in those years.
The post Lifetime Expected Consumption appeared first on Marginal REVOLUTION.
Germany projection of the day
Germany’s population is projected to shrink by nearly 5 per cent within 25 years — a significantly steeper decline than...
Minimum wage hikes and robots
This paper studies how minimum wage policy affects firms’ adoption of automation technologies. Using both state-level measures of robot exposure...
That Was Then/This is Now
Hat tip: Logan Dobson. The post That Was Then/This is Now appeared first on Marginal REVOLUTION. Source link...
Effective tax rates for billionaires
Here is the tweet, here is the source data. The post Effective tax rates for billionaires appeared first on Marginal...
