New evidence is transforming the way we look at long-term trends in economic inequality. This column reconstructs wealth inequality in the German area over five centuries. The significant declines in inequality triggered by the Black Death and again by the Thirty Years’ War of 1618–1648 and the plague that followed provide strong support for the potential levelling effects of
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For thousands of years, people all over the ancient world claimed to have the powers of foresight. In 1143, The Prophecy of the Popes was created - listing the future attributes of the 112 pontiffs succeeding St. Peter. This 900-year-old prophecy predicted that Benedict XVI would be the 111th pope, therefore, if it is correct, the current Papal Conclave will bring about the end of the world.