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@Ben_Davison1 Hang on … we must be at cross purposes. Agree: German system works. Market income inequality is slightly worse in Germany. The tax system makes a difference in both cases. But Germany & US quite similar on that score. The big difference is in effect of “welfare” in widest sense.

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Furniture seats made in 1778 by Georges Jacob (master in 1765) and Jean Baptiste Rode (1735-1799) for the Comte d’Artois (1757-1836) in Louis Seize style. Sold for a record €1,174,500 ($1.3M) this summer at auction after a fierce battle in the saleroom! artcurial.com/en/news/what-s… https://t.co/GHIek1NrRz

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This week Hong Kong’s monetary authority was battling to preserve its peg v. $. Was it fighting off belligerent Americans? Speculators who had pledge to bring it down? No! It was fighting to prevent appreciation. Big Mac Index shows HK$ 54% undervalued! economist.com/finance-and-ec… https://t.co/pGrGDutdTI

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RT @CKemfert: Es ist ein ein bemerkenswertes Buch zu dem dringend notwendigen Wandel der Wirtschaftswissenschaften erschienen, herausgegebe…

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How would Joe Biden change America’s trade policy? Less than America’s trade partners might hope. Promotes “made in America”. Pushing industrial policy. Taking strong line on China security. No promises on WTO or revoke Trump’s tariffs. economist.com/finance-and-ec… https://t.co/k9LtQx8SZ2

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RT @MaxCRoser: In countries that achieved strong economic growth over the last decades, governments have vastly larger budgets. In the poo…

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The gender gap in admission to higher education in the UK is remarkable: 40% of 18 year old women v. 30% of young men. And it is getting wider. ft.com/content/951464… https://t.co/TXkFKoIUFc

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This podcast on global political economy, history – Wages/Nazi Germany, Carl Schmitt, Kellogg-Briand – China was really fun. With @jordanschnyc @M_C_Klein link.chtbl.com/03A8u0lz https://t.co/9eks6GbMYI

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One medium- long-term thing to worry about is investment under COVID-uncertainty. It is not looking good! economist.com/finance-and-ec… Reminded me of this piece from back in April. foreignpolicy.com/2020/04/09/une… https://t.co/0JmfITfFiQ

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Wildfires, hurricanes and vanishing sea ice: the climate crisis is here Scientists warn extreme, weather-related events around the world show the economic and social costs of a warming planet @lesliehook ft.com/content/6a6bab… https://t.co/4JJkZHCttc

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Worst day for global economy during covid-19 pandemic was Good Friday. On April 10th lockdowns were at their most severe crushing activity. Global gdp that day was 20% lower than it would otherwise have been. One for @SoberLook economist.com/finance-and-ec… https://t.co/P4hgvDkCxd

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After a year of drought, world’s largest tropical wetland, Brazil’s Pantanal, has been burning for week. Largest fire since records began. Blackened, starving jaguars wander amid the ashes, paws burnt through to the bone … economist.com/science-and-te… https://t.co/8oXvoPbLBp

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Scaled to 2019 GDP, America’s 1960s moonshot cost $702.3 bn = c. same as initial cost of F35 program, order of magnitude larger than corona vaccine effort. planetary.org/articles/recon… https://t.co/vzofbC6zpK

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RT @simongerman600: This World #History Timeline shows the main superpowers and dynasties over the last 5000 years. Gorgeous piece of work.…

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This was a really enjoyable conversation with @jordanschnyc and @M_C_Klein about history, the rise of China, Wages and Deluge. twitter.com/jordanschnyc/s…

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RT @LAReviewofBooks: Yes, we do! —> @LARBchina

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RT @GustavAHorn: Europes main problem is lack of demand, says @adam_tooze on @socialeurope . Therefor a fiscal boost is recommended. .https…

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Gotta love the fact that @LAReviewofBooks has a “China channel”. chinachannel.org https://t.co/puEGyWFVkC

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Based on huge amount of orders the received for masks printed with the words “Black Lives Matter”, Yiwu vendors knew that protests were significant – how orders for Americn political merchandise give Chinese merchants in Yiwu a read on Western politics. thinkchina.sg/who-will-win-u… https://t.co/MEq2ubuGbz

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November 1944, Lungling, Yunnan — After the Chinese Expeditionary Y-Force drove the Japanese out of the occupied Lungling, American and Chinese soldiers, guided by their flags, moved into the ancient city in Yunnan Province. thinkchina.sg/75th-anniversa… https://t.co/zbom4PXNeC

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"To name Marxism on scale of "century", 3 conditions: 1. theoretical research object is a typical sample of world, 2. theoretical results have world historical significance, 3. effects of theoretical practice have profoundly changed real world." He Yiting mp.weixin.qq.com/s/8fCKN48c_aFa… https://t.co/U49ofX903X

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"If Your Wrists Are Ever Zip-Tied Together, There’s One Simple Way To Escape In Seconds” … just in case this ever comes in handy! 😉 zenherald.com/lifestyle/educ… https://t.co/msC3z5iwdP

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Technosphere and Co-evolution Seminar, Anthropocene Campus 2014, Haus der Kulturen der Welt, Berlin. @HKW_Berlin mpiwg-berlin.mpg.de/research/proje… https://t.co/gwNTNr4oU9

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Total fish stocks in the South China Sea have dropped by 70-95% since the 1950s, according to @CSIS while catch rates have declined by 66-75% over the last 20 years. And the future is looking grim. bloomberg.com/graphics/2019-… https://t.co/ANlW0CY7FJ

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"On 9 July 1926, Generalissimo Chiang Kai-shek was installed as commander of the NRA. Speaking at Guangdong Provincial People's Stadium, he announced the Northern Expedition and its aims. The broad, stirring speech was written in lines of four characters." thinkchina.sg/photo-story-di… https://t.co/Y1HpYxbO7O

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"In late 2019, I was asked whether I might contribute a short introduction to Thai translation of Arendt’s essay “Personal Responsibility under Dictatorship” explaining why law professor Xu Zhangrun had quoted this essay as an inspiration.” @sebastianveghk vegsebastian.wordpress.com https://t.co/j80ZzA97Y8

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RT @Brad_Setser: A useful fact to know, when thinking about the global economy … Asian life insurers have invested more abroad (mostly i…

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Alarming report this on the rise of acute food insecurity in 2020. Most serious in DRC, Burkina Faso, The Sudan and N. Nigeria due to unrest and fighting. fightfoodcrises.net/fileadmin/user… https://t.co/zSxOgoLTkh

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"A portrait of Chiang Kai-shek on being appointed commander of the Nationalist Revolutionary Army”. I must admit, Im taken aback by the charisma of this image. thinkchina.sg/photo-story-di… https://t.co/Agv9F9Esy8

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"If record heat & wildfires weren’t a clear enough sign that climate is changing, then consider this: Wall Street is about to start trading futures contracts on California’s $1.1bn water market.” Allows municipalities and almond farmers to hedge prices! bloomberg.com/news/articles/… https://t.co/dJd8OKxaP4

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The DRC is emerging as the country with the world’s largest food crisis: About 21.8 million people in the nation are acutely food insecure new @FAO show. Burkina Faso has seen largest % increase. S. Sudan and Yemen at risk of famine. fightfoodcrises.net/fileadmin/user… https://t.co/zFtu3dyW1d

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RT @DanAlexander21: 1/ The Qatar Investment Authority, a sovereign wealth fund that acts as an arm of the Qatari government, has been renti…

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In May 1924, KMT & CCP members gathered at Sun Yat-sen's residence in Shanghai, to commemorate 3rd anniversary of his office as extraordinary president of military government in Guangzhou. Arrow points to Mao Zedong, KMT's propaganda dept thinkchina.sg/photo-story-di… https://t.co/ud5vpUCkdL

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300k seafarers are currently trapped at sea. Big part of problem is fragmentation of ownership, control and operation. GREAT graphic from important piece by @oanhha @JWittels @krystalchia Khine Lin Kyaw Wish author twitter handles were easier to find too! bloomberg.com/features/2020-… https://t.co/hmaOjlXVRk

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According to economic historian Jan de Vries, 10 sailors died for every 47 tons of Asian cargo shipped to Europe by the Dutch East India Company from 1580 to 1795. Great piece this by Bloomberg team! bloomberg.com/features/2020-… https://t.co/lwpBP39BDK

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The Socialist Youth League of China in Paris, 1924. Zhou Enlai (1) and Deng Xiaoping (2). thinkchina.sg/photo-story-di… https://t.co/ueFlpNM86S

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