Seeing a wealth tax being discussed a lot in the US now. Here's a cautionary tale of how the Wealth Tax in Norway has made it a real life Atlas Shrugged story Many countries in Europe have taxed unrealized gains, but later removed it because all of its harmfull side effects.

🚨Have you ever worried about respondents in your online panels who take many other online surveys and tasks daily? I will present a paper at #APSA2024 measuring the prevalence of these professionals and investigating their effects on the quality of online panels. Quick 🧵

Here you go, @senmarcorubio. I fixed your image for you to improve its historical accuracy.

I certainly hope so.

Devastating review of the degrowth literature (561 studies): --> 'few studies use quantitative or qualitative data...' --> [those that do] 'tend to include small samples or focus on non-representative cases' -->'large majority (almost 90%) are opinions rather than analysis'

More lower-skilled migrants, less capital investment in robot in Denmark. Makes abundant sense, similar to Ethan Lewis' work. Paper is also a shift-share, so beware. sciencedirect.com/science/articl…

"Mirror mirror on the wall, who's the deportiest of them all?" Total number of deportations by President per year in office. Presidential intentions varied widely and so did local government cooperation with ICE. The latter deserves more credit. cato.org/policy-analysi…

20 million?

very interesting article throughout

JUST IN: Kamala Harris surrogate Rep. Ro Khanna went on CNBC this morning and SLAMMED HER PLAN to tax unrealized gains. Her OWN SURROGATES dispose her plan..

Apt passage from a book I’m reading about Churchill and the USAAF and RAF bombings of Dresden. Churchill described the attacks as “terror” raids.

How do you feel about happy hour?

The report that 75% of arrests in Midtown Manhattan are of migrants is based on a guestimate by a confidential police source. Data would be better, wait for that. foxnews.com/politics/illeg…

I would have guessed more, but I guess the bigger gains from vaccines were earlier.

US Steel is now saying that if the Biden administration (as it says it will) blocks its sale to Nippon Steel, it will close down the company’s last remaining Pittsburgh mill and transfer work to a non-union mill in Arkansas. Harold Meyerson reports: prospect.org/blogs-and-news…

The lamest generation strikes again

Over in the bad corner of twitter, people are saying native-born Americans are losing jobs because they aren't adjusting for the aging of the native-born population. In reality, working-age Americans are employed at the highest rate in US history.