I'll be talking about dollarization at what looks to be an important conference in Buenos Aires in June. Conference schedule just dropped here: cato.org/events/rebirth…

I thought she was talking about Vector Autoregression

“Pareto, Georges Sorel, Lenin, Hitler, and Mussolini were right in denouncing democracy as a capitalist method. Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship.”

— Ludwig von Mises

Even Piketty's other U-curve, the capital to income ratio, is the product of manipulated statistics.

Here is how it appears in his book:

Morten N. Støstad Julia D Mahoney Gabriel Zucman Thomas Piketty Third issue is that PSZ's own stats from their 2018 QJE piece show almost no change in overall average tax rates (not just federal income tax) since the 1960s. Top 0.001% only drops from 44% in 1962 to 40% in 2014.

To get the regressive shift Zucman had to make several

Finally officially posted on SSRN. Let's get the number of downloads up to at least the number of references (53). papers.ssrn.com/sol3/papers.cf… 'Contrary to common assumption, transportation infrastructure can be privately owned and operated and efficient transportation networks ...'

126 | Mondialisation ≠ Mondialisme ! youtu.be/6yY58TlQvlY?si… via YouTube

This is a correct take.

Almost every single claim made in this thread is wrong.

1. The Piketty-Saez-Zucman inequality measures vastly overstate top income concentrations due to accounting errors in their construction.

2. When you correct for those errors the claimed causal link to tax ratea collapses.

The working paper I am working on right now with Alicia Plemmons and Pradyot Sharma. This was a small idea that ballooned into something quite fun.

#econtwitter

So much for 'The first generation that will be poorer than their parents'.

economist.com/finance-and-ec…

This is fantastic news for private property rights in America!

Le livre du mercredi soir de Ian Sénéchal sera animé par moi-même et Sam Rasmussen. Voici la banière d'invitation

'Les 'tax eaters' gonflent les coûts sans améliorer nos services! Il est temps de revoir la justification de chaque programme public avec des 'sunset laws'. Ne laissons pas la bureaucratie dévorer nos ressources sans rendre des comptes! #RéformeGouvernementale #EfficiencyFirst '

Wolfgang Keller visiting @masoneconomics to talk about human capital after exogenous shocks in Ming China #econhist #econtwitter

Pour un économiste, c'est un polluant. Quelque chose peut être jugé positif/négatif scientifiquement, mais la 'pollutuon', la pollution dépend uniquement de si un tiers parti souffre un coût qui n'est pas inclus dans le prix de marché.

Par exemple, les pesticides sont twitter.com/ppcmontreal/st…

Yes, it is either called 'Anything by Ronald Coase' or 'Cost and Choice' by James Buchanan

#econtwitter

Cette étude aurait dû exister en 2001 quand on parlait des fusions municipales au Québec. Ca aurait peut-être permis de préserver davantage de compétition entre municipalités #polqc