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3M views
Young men and young women’s world views are pulling apart: the big ideology gap.
1.5M views
Richest five families in Florence 🇮🇹 from 1427 are still the richest today (archival data). Not only the top shows persistence. Any family who was in the (1427) top third is almost certain to still be there today. Likely many Florences out there
Paper in Review of Econ Studies
1.1M views
Young adults are rapidly losing faith in democracy.
1M views
The Spanish inflation rate in June slowed sharply to 1.9%, which is below the ECB's inflation target. 🇪🇸 gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference.
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Young men and young women’s world views are pulling apart: the big ideology gap.
We have a new study on the macro and fiscal implications of structurally higher defence spending in the EU (requested by the ECON committee of the European Parliament). We assess the National Escape Clause and quantify fiscal consolidation…
Young adults are rapidly losing faith in democracy.
Trump announced that Elon Musk will lead a new department to cut government spending.
Looking at government subsidies for Musk's companies, we can be pretty sure where he will *not* be cutting.
The conflict of interest is mind-boggling.
"rising inequality is legitimated by the popular belief that the income gap is meritocratically deserved: the more unequal a society, the more likely its citizens are to explain success in meritocratic terms... the less important... a pers…
Germany will have the second-lowest public investment ratio of all EU countries in 2025 - according to the European Commission forecast.
The big 🇩🇪public underinvestment problem remains unresolved.
When Mohamed Salah joined Liverpool "hate crimes in the Liverpool area dropped by 16% compared with a synthetic control, and Liverpool fans halved their rates of posting anti-Muslim tweets relative to fans of other top-flight clubs."
Pape…
Richest five families in Florence 🇮🇹 from 1427 are still the richest today (archival data). Not only the top shows persistence. Any family who was in the (1427) top third is almost certain to still be there today. Likely many Florences ou…
The Spanish inflation rate in June slowed sharply to 1.9%, which is below the ECB's inflation target. 🇪🇸 gas price cap in power production, limits on rent increases, windfall profit taxation etc. early on did make a difference.
Real wages in the UK are today lower than 18 years ago (!), and workers have seen substantial real wages losses since austerity started under the Tories in 2010.
It's general election day in Italy. I have again seen lots of strange stories and statements on Italy in the international press.
So here's a data-based summary thread that may help in debunking claims about a "profligate, reform-lazy It…
Tax cuts for the rich lead to higher income inequality. But they do not have any significant effect on economic growth or unemployment. Evidence for 18 OECD countries over 1965-2015 in this new paper published in Socio-Economic Review:
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DRAGON QUEST
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Marc Malkin
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