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Do unskilled people actually underestimate their incompetence?
The post The Dunning-Kruger Effect is Autocorrelation appeared first on Economics from the Top Down.
One of the strangest, certainly one of the hardest to justify, measures in last week’s budget was called “supporting retirees”.
A better title would have been “supercharging the wealth of those retirees who already have more than enough to live on”.
It flies in the face of the findings of the government’s own retirement income review and legislation it introduced partly in response earlier this year.
It happens not to support the living standards of retirees at all. It will enable some to spend less on themselves than they would have, while enabling those with serious wealth to accelerate the accumulation of even more, tax-free.
Investment Connection is intended to expand the pie of Community Reinvestment Act funding by encouraging new ways for bankers to support the communities they serve.
It’s my birthday this week and what better way to celebrate than joining my weekly newsletter, Sparky’s List! I mean, you *were* planning on celebrating, right? P.S., the back is on the mend.
The ongoing super feud between America and Russia has caused colossal collateral damage internationally, and everyone will feel the effects of the fallout. But what if there is a project that Russia and the US can collaborate on that would bring peace, progress and prosperity? The Inter-Continental Railway is an ambitious project connecting former foes to trade with one another which would generate commerce, not conflict, for everyone.
The post The Strait Guys: Connecting America And Russia appeared first on Renegade Inc.
The state of the world from the elite point of view.
The post The Voldemort Index appeared first on Economics from the Top Down.
Women have outsize roles in paid and unpaid caregiving. Setting the right prosperity and parity goals could help preserve economic gains they’ve made, two researchers say.
[ A version of this article was also posted on Software Freedom Conservancy's blog. ]
So good, and so unexpected, has been Australia’s economic improvement over the past three months, it has wiped one-third of the projected 2022-23 budget deficit. Or it would have, had the government not decided to give away almost half (45%) the windfall.
That’s one way of looking at the difference between the projections in the December budget update and those presented three months later in Tuesday’s March budget. In December, the deficit for the coming financial year was to be A$98.9 billion.
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