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WHEN ARE WE GOING TO SAVE CAPITALISM FROM ITS OWN EXCESSES?

WHEN ARE WE GOING TO SAVE CAPITALISM FROM ITS OWN EXCESSES?

Backed by three centuries of research, the brilliant French economist Piketty concludes with his r > g formula that capitalism (“unless attended to”) will ultimately fail, a victim of its own success. 1,089 more words

PIKETTY, STIGLITZ AND WASHINGTON, D.C. (PART I)

PIKETTY, STIGLITZ AND WASHINGTON, D.C. (PART I)

Early last week I went to Barnes and Noble to buy Joseph Stiglitz’s latest book, “The Great Divide, Unequal Societies, And What We Can Do About Them.” I am only about one-eighth through the book and have had my money’s worth and then some already. 949 more words

Are you are a good liar? Find out in 5 seconds

Based on the following research:
Hass, R.G. (1984). Perspective-taking and self-awareness: Drawing an E on your forehead. Journal of Personality and Social Psychology, 46, 788-798.

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Competitions nos. 190A and 190B: results

Dyneley Hussey, as I mentioned, sets another ballade. This is inspired by the impending closure of the Alhambra in Leicester Square (the date given when the competition was set was November 4th 1933). 284 more words

THE RISE IN ACCUMULATION AND FALL OF DEMOCRACY (PART III)

THE RISE IN ACCUMULATION AND FALL OF DEMOCRACY (PART III)
What to do about r > g, that is, the accelerating rate of capital return on private wealth relative to national income in developed countries, which threatens to go back to pre-World War I levels in a return to our near-Gilded Age epoch? 645 more words