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Their words
And more than half the rise in the top 1% share since 1985 flowed through the pass-through businesses that was a "tax efficiency innovation" feature of the Reagan Revolution.
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19 September
14 September
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korrents.com
AI will raise capitalists' incomes and the capital share of income, increasing inequality.Their words
Income of capitalists is likely to increase because AI companies are owned by actual people and these people, like shareholders in general, are well-off. Thus the rise in the capital share also means rising incomes of the rich and higher inequality of income.
10 September
7 September
4 September
2 September
31 August
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korrents.com
Family income, not IQ, is the single biggest predictor of a child's academic performance in America.Their words
The single biggest indicator of your performance is your family income. You can predict somebody's test scores basically.
28 August
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korrents.com
Universal basic income alone will not address the economic gap created by AI-driven job displacement.Their words
I don't think that universal basic income on its own will address the gap that's widening.
25 August
23 August
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korrents.com
After a European exit tax, the EU will try to tax its citizens' worldwide income wherever in the world they live.Their words
European governments and thus the EU too is losing lots of tax income from Europeans fleeing Next on the agenda is the European Exit Tax and after that I think they will try to add Worldwide Income Tax (like the US already has) meaning it doesn't matter where you live in the world as a European citizen, the EU will tax you for your entire income!
14 August
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Their words
economic research has repeatedly found that they rarely generate enough marginally income, employment, or tax revenue to justify the subsidy.
27 July
1 July
30 June
4 June
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Their words
but of course, that's not what's happened, because as we've accumulated more wealth and you know, more advanced machines and and so on, we've expanded the range of things other than singers to spend our money on, and the share spent on singers has stayed sort of negligible. Um so likewise, that's sort of my central prediction about how future unfolds, though I it could go either way.
From one piece The better AI gets, the smaller its share of the economy might get – Alex Imas and Phil Trammell 2 beliefs, in the piece's order there
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Their words
I think the biggest lack of resources that we have allocated in the economic profession is thinking about middle-income developing countries in the in the age of AI.
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Their words
Like right now we're endowed with labor that can turn into uh that can turn into income. When that is no longer the case and we are now at the mercy of the of the elected official for like basic needs, right? So that to me feels like a power sharing arrangement that's really dangerous.
2 June
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Their words
If you're bootstrapping, you should probably have another source of revenue to sustain you.
1 June
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Their words
If AI-driven labor displacement ends up being large in magnitude and permanently drives down the demand for labor, it will likely be necessary to go beyond mere incentive programs to long-term income support for a significant fraction of the labor force.
22 April
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Their words
there I feel like in academia, I have the freedom to work on things that go against this commercial incentive of companies and say like, "Actually, no, I'm going to do what I think is right for the users."
2 April
14 October 2025
From one piece Falling Fertility Is Not About Opportunity Cost 2 beliefs, in the piece's order there
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Their words
Although the cross-sectional relationship between national income and fertility is negative, the longitudinal relationship between national income and fertility is positive: economic booms create baby booms, economic busts create baby busts.
Falling Fertility Is Not About Opportunity Costlymanstone.substack.com
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Their words
the shift from 50th to 99th percentile earnings has no negative effect on women’s fertility, and unearned income for women has a neutral-to-positive effect
Falling Fertility Is Not About Opportunity Costlymanstone.substack.com
10 October 2025
29 May 2025
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Their words
Infectious diseases as a category receive vastly less R&D spending from industry than non-communicable diseases, per death they cause, because they disproportionately kill people in lower- and middle-income countries where the payoff for making a cure is less lucrative.
A Quantitative Approach to Vaccine Fundingblog.jacobtrefethen.com
21 April 2025
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Their words
there is no such thing as a high-income, low-electricity economy.
11 April 2025
21 March 2025
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Recommendsrcmnd.app
Dirtbag Rich: High Freedom, Low Income, Deep PurposeTheir words
This book is a short but inspiring take on living life on your terms while being pragmatic about money and how to make it happen. Reminds me of a less travel-centric Vagabonding.
21 January 2025
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Their words
At independence, South Korea and Taiwan had far higher rates of primary education than most of Sub-Saharan Africa.
19 January 2025
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Their words
And Friedman advanced a policy that was really abstract and really it was devoid of judgment. It was pure and beautiful in that way but utterly impractical.
2 December 2024
1 October 2024
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Their words
It could be as simple as a large universal basic income for everyone, although I suspect that will only be a small part of a solution.
4 August 2024
1 June 2024
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Usesrcmnd.app
Google sheetsTheir words
Google sheets - for calculating expenses/income
9 December 2023
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Their words
My wife and I have averaged a joint annual income of £5,500 from the market garden over the last ten years.
12 October 2023
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korrents.com
Meat substitutes have to become clearly cheaper than meat, not merely as cheap, before most people will switch.Their words
Meat substitutes need to be quite clearly cheaper, especially if we want them to break into middle- and low-income markets.
29 June 2023
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korrents.com
Survival can be guaranteed without a universal basic income, by making housing, food and above all energy dirt cheap.Their words
You can make survival guaranteed without UBI. What you have to do, is make housing and food dirt cheap. Right? And that’s the good world. And actually, let’s go into what we should really be making dirt cheap, which is energy.
8 May 2023
24 June 2019
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