this post authored by Roberto Iacono and Elisa Palagi
A crucial element in the study of wealth inequality is the difference between the rate of return and the growth rate of income. However, the focus on these measures at the aggregate level belies important heterogeneities along the wealth distribution. This column uses rich micro-data from Norway to show that wealthy households enjoy higher rates of return relative to growth, while the opposite is true for poorer household and the lower-middle-income class. It discusses policy implications of these findings for capital and wealth taxation in order to curb the rise of inequality.
Puppets with poor Hebrew
Ratson said that while many social media users are behaving in ways that feel authentic to them, they are all constantly being manipulated by interested parties in ways they may not understand.
During the conflict, state and quasi-state actors were working covertly to steer online discussions surrounding the fighting between Israel and Hamas, he asserted.
“There are a lot of elements that finance the promotion of anti-Israeli content,” he said. “It’s actually more common than you think.”
Social media networks make it possible, he said, with varying degrees of ease, for a third party to pay for the promotion of content posted by someone they may not even know. Nor do social media companies require the identity of that third party to be disclosed.
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