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New paper on national differences in time preference.Combines many different measures (e.g. survey questions and field studies), standardizes them and extracts a common factor. Blue: people on average wait for
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Native Swedes on track to become a minority in Sweden by ~2065. Some predictions: 1. Demographic change does not slow. As people with foreign background grow more influential, their ethnic
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One of the craziest examples of intergenerational persistence is from Florence over 600 years. Table shows top 5 taxpayer surnames today (represented by letters A,B,C,D,E): most of them were high
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Despite full Maoist Communism in China, descendants of former landlords and rich peasants today earn 16% more than descendants of others.They couldn't inherit wealth from grandparents, parents were barred from
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