wealth   7719

« earlier    

What the Rich Won’t Tell You
“There’s nobody who knows how much we spend. You’re the only person I ever said those numbers to out loud.”
on:new-york-times  by:rachel-sherman  wealth  income-inequality  2017 
3 days ago by andrewjbates
How the aristocracy preserved their power | News | The Guardian
After democracy finally shunted aside hereditary lords, they found new means to protect their extravagant riches. For all the modern tales of noble poverty and leaking ancestral homes, their private wealth and influence remain phenomenal
aristocracy  socialmobility  wealth  review  critique  UK  Guardian  2017 
3 days ago by inspiral
The Wealth Gap Between Whites and Blacks Is Widening The myth of racial equality is having real and devastating consequences.
white racism, however, is its practical effects: a widening wealth gap between blacks and whites. Between 1983 and 2013, according to a new report from the Institute for Policy Studies, the wealth of the median black household declined 75 percent (from $6,800 to $1,700), and the median Latino household declined 50 percent (from $4,000 to $2,000). At the same time, wealth for the median white household increased 14 percent from $102,000 to $116,800. It’s an almost unbelievable contrast, and by 2020, black and Latino households are projected to lose even more wealth: 18 percent for the former, 12 percent for the latter. After those declines, the median white household will own 86 times more wealth than its black counterpart, and 68 times more wealth than its Latino one. This isn’t a wealth gap—it’s a wealth chasm.
If nothing is done, that chasm will grow larger. By 2024, “the continued rise in racial wealth inequality between median black, Latino and white households is projected to lead White households to own 99 and 75 times more wealth than their black and Latino counterparts, respectively.”
race  wealth  inequality 
5 days ago by Quercki
Global determinants of navigation ability | bioRxiv
Using a mobile-based virtual reality navigation task, we measured spatial navigation ability in more than 2.5 million people globally. Using a clustering approach, we find that navigation ability is not smoothly distributed globally but clustered into five distinct yet geographically related groups of countries. Furthermore, the economic wealth of a nation (Gross Domestic Product per capita) was predictive of the average navigation ability of its inhabitants and gender inequality (Gender Gap Index) was predictive of the size of performance difference between males and females.

- Figure 1 has the meat
- gender gap larger in richer/better-performing countries
- Anglo and Nordic countries do best (Finnish supremacy wins the day again)
- surprised China doesn't do better, probably a matter of development
- Singapore is close behind the Anglo-Nords tho
- speculation that practice of orienteering (originally Swedish) may be related to Nords doing well
- somewhat weird pattern wrt age
study  bio  preprint  psychology  cog-psych  iq  psychometrics  spatial  navigation  pop-diff  gender  gender-diff  egalitarianism-hierarchy  correlation  wealth  wealth-of-nations  econ-metrics  data  visualization  maps  world  developing-world  marginal  europe  the-great-west-whale  nordic  britain  anglo  usa  anglosphere  china  asia  sinosphere  polis  demographics  age-generation  aging  EU  group-level  regional-scatter-plots  games  simulation 
8 days ago by nhaliday
A cross-country empirical test of cognitive abilities and innovation nexus - Munich Personal RePEc Archive
In this study we analyze the relationship between national cognitive abilities and innovational output using data from 124 countries of the world. By employing cross-country IQ scores traditionally used by psychological literature to represent national intelligence, and Economic Complexity Index as a novel measure of innovation, our study shows that there is a positive connection between them. We use a variety of tests to check the robustness of the nexus. Overall, our findings indicate that more intelligent nations export more sophisticated and diverse products to the world market and thus are more innovative. Therefore, developing countries should consider investing in human capital and related institutions if they are to boost innovative capabilities and move up the technology ladder in producing and exporting sophisticated and varied lines of products. This should bring them greater economic diversity which could be a right lever in mitigating negative external shocks.
study  economics  broad-econ  psychology  cog-psych  growth-econ  wealth-of-nations  innovation  pop-diff  rindermann-thompson  diversity  human-capital  hive-mind  iq  correlation  entropy-like  wealth  the-world-is-just-atoms  🎩  econ-metrics  econometrics  world  group-level  spearhead  macro  stylized-facts  behavioral-econ  biophysical-econ  microfoundations  🌞 
8 days ago by nhaliday
What the Rich Won’t Tell You - The New York Times
We should talk not about the moral worth of individuals but about the moral worth of particular social arrangements. Is the society we want one in which it is acceptable for some people to have tens of millions or billions of dollars as long as they are hardworking, generous, not materialistic and down to earth? Or should there be some other moral rubric, that would strive for a society in which such high levels of inequality were morally unacceptable, regardless of how nice or moderate its beneficiaries are?
wealth  society 
12 days ago by stacyleekong

« earlier    

related tags

!post:twitter  ****  1%  1percent  2017  3013  abundance  access  activism  affluence  africa  age-generation  age  aging  anglo  anglosphere  antidemos  antiquidated  apac  appetites  aristocracy  aristotle  arrows  article  articles  artificial  asia  attraction  audio  austerity  authoritarian  authoritarianism  barrettbrown  basicincome  bay-area  behavior  behavioral-econ  bicycles  big-peeps  big-picture  bikes  billgates  bio  biophysical-econ  bitcoin  blackliberation  blackness  blog  bloombergmichael  book  britain  broad-econ  buddha  business  by:jamellebouie  by:rachel-sherman  calculator  capital  capitalism  cash  caution  censorship  charity  charlesmathewes  chart  cheating  childhood  children  china  christ  cities  cjones-like  class  climate  co  cog-psych  coins  cold-war  collecting  communism  compassion  compensation  competition  competitiveness  composition-decomposition  confucius  consciousness  consumer  consumerism  consumption  contro  control  cool  correlation  corruption  counsel  crime  critique  crooked  crosstab  crowdfunding  culture  cyber  data  decentralize  decision-making  democracy  demographics  developing-world  digital  discussion  disengagement  disparity  distribution  divergence  diversity  divide  donald_trump  donaldtrump  dow_jones  dystopia  early-modern  econ-metrics  econ-productivity  econometrics  economic  economics  economy  econotariat  education  efficiency  egalitarianism-hierarchy  elite  empathy  empirical  entropy-like  environment  envy  equilibrium  ernesthemingway  essay  estate  estates  estimate  ethics  etiquette  eu  europe  evansandsmark  expansionism  experience  explanation  exposure  fail  finance  financial  financialservices  firtashdmytro  flooding  florida  fscottfitzgerald  ft  games  garett-jones  gender-diff  gender  generosity  geogewbush  germanic  gildedage  global  governance  government  graph  great-powers  gregory-clark  grenfelltower  group-level  growth-econ  growth  gt-101  guardian  hacker  happiness  happy  health  heavy-industry  hedge.funds  heuristic  higher-ed  highered  history  hive-mind  home  house  housing  human-capital  humanism  hurricane  identity  ifttt  income-inequality  income  india  industrial-revolution  inequality  info-dynamics  info-econ  inherited.wealth  innovation  institutions  intelligence  interesting  internet  internment  interview  interviews  investing  iq  irma  jacobin  japan  japanese.americans  jeffbezos  jesuits  jesus  jimmystewart  jobs  johnkerry  kensingtonandchelsea  kochbrothers  koran  labor  latin-america  law  learning  left-wing  lens  let-me-see  leviathan  life-advice  life  lifestyle-design  lifestyle.inflation  lifestyle  living  london  luxury  machine  macro  madisonian  magnitude  malthus  manners  maps  marginal  marginal_propensity_to_consume  measurement  media  mena  methodology  miami  micro  microfoundations  microstructure  minimalism  mittromney  ml  mo  models  money  moral_philosophy  morality  mostly-modern  motivation  multi  nationalism-globalism  navigation  news  newyorktimes  nibble  nitty-gritty  nordic  nyc  nytimes  objektbuch  occupy  occupywallstreet  of  on:new-york-times  op-ed  opulence  org:biz  org:mag  org:ngo  org:rec  ownership  ows  palate  parenting  pdf  personal-finance  personalfinance  physics  piketty  planning  plutocracy  pocket  podcast  pointofview  polarization  polis  polisci  political-econ  political_philosophy  politics  pop-diff  popefrancis  poverty  povery  power-law  power  pre-ww2  prediction  preprint  pricing  privilege  propaganda  property-rights  property  prosperity  protection  psychology  psychometrics  psychopaths  q3  quantum  race  racism  reading  realestate  reference  reflection  regional-scatter-plots  rent-seeking  research  review  revolution  rich  rindermann-thompson  roots  rude  russia  s-factor  safety  san-francisco  scale  school  secret  sg  signaling  simplicity  simulation  sinosphere  slate  smart  social  socialism  socialmobility  society  sociology  spatial  spearhead  stagnation  statistics  stock_market  stocks  street-fighting  study  stylized-facts  success  suicide  survey  suspicion  switzerland  tacitus  taste  taxation  taxcuts  taxes  taxevasion  technology  teens  the-great-west-whale  the-world-is-just-atoms  the  threat  time-series  tonystark  tools  toronto  trade  trends  trust  tut  twitter  uk  unitedstates  universal-basic-income  upanishads  usa  use  vampire-squid  variance-components  vices  virtue  visualization  vox  wapo  war  wealth-of-nations  wealth_effect  well-being  wellness  whitesupremacy  wiki  winner-take-all  within-group  wonkish  wordpress  working-stiff  world  wtf  youth  yuppies  🌞  🎩 

Copy this bookmark:



description:


tags: