Random links
- Wealthy women shouldn't marry says daughter of millionaire
- "Daughter of millionaire says divorce law is a 'gold-digger's charter' after she is told to pay her unemployed ex-husband £1.2 million" I would assume this has happened far more often in the reverse direction: male to female.
- Shrouded Costs of Government: The Political Economy of State and Local Public Pensions
- "Why are public-sector workers so heavily compensated with pensions and other non-pecuniary benefits? In this paper, we present a political economy model of shrouded compensation in which politicians compete for taxpayers' and public employees' votes by promising compensation packages, but some voters cannot evaluate every aspect of compensation. If pension packages are "shrouded," meaning that public-sector workers better understand their value than ordinary taxpayers, then compensation will be inefficiently back-loaded."
- Sap Discovery Could Turn Syrup-Making Upside Down
- "One of the trees was missing most of its top, but the sap was still flowing. And flowing. And flowing. That meant sap didn’t flow exclusively top-to-bottom from older trees, which is what everyone had thought — for centuries. Sap was coming up, from the ground. The size of the tree was irrelevant. ... The discovery means sugar makers could plant dense rows of saplings and harvest the sap, essentially creating a maple sugar farm."
- One-third of Americans who were middle class in 2008 now consider themselves lower or lower middle class
- "Pew Research has a new poll out tracking how many people call themselves middle class vs. some other class. ... If you actually take a close look at the numbers, it turns out that of the people who identified as middle class in 2008, nearly a third of them now identify as lower middle or lower class." The article also mentions that culture plays a large role in class identification. I wonder how much of the class change might really be a result of Occupy Wall Street and other similar movements like the "1%". Is the vilification of wealth one of the a main factors?