Monday, June 27, 2022

Piketty Calls For 'Participatory Socialism'

“Jackets on? Jackets off? Shall we take our clothes off?” Mr Johnson said.

“We all have to show them we’re tougher than Putin.”

Vladimir Putin mocked for 'bare-chested horseback riding' at G7 Summit before major decision on Russian exports


Sydney, Australia police arrest nine for scam calling and impersonating government agencies; took in $2.5 million


General Angus Campbell gives further evidence to royal commission, rejects 'profound systemic failure' for specific suicide case



Reuters Pulls A Fast One – But Internet Remembers


Piketty Calls For 'Participatory Socialism': $150,000/Person Universal Inheritance, 'Confiscatory' Income And Wealth Taxes


 Air Quality Life Index, June 2022 Annual Update By Michael Greenstone, Christa Hasenkopf and Ken Lee: “During the first year of the Covid-19 pandemic, the world’s economy slowed. 


Administering Taxes Democratically?


Ben Butler: Australian Taxation Office crackdown on family trust rorts causes alarm among tax advisers


The institute said that some files contain evidence that Babiš was an agent under the code name “Bures” from 1982. Babis, who is Slovak-born, has denied the claim.

Andrej Babis: Former Czech PM loses secret police collaboration case



Nieman Lab: ” The pandemic brought a bump in news consumption that now seems to be fading away, Oxford’s Reuters Institute for the Study of Journalism (RISJ) found in its 2022 Digital News Report, out this week. RISJ surveyed more than 90,000 people in 46 countries about their digital news consumption, and found evidence of a potential “leveling off” in the numbers of people who will pay for online news. RISJ has released an annual digital news report every year since 2012. The research is based on online surveys conducted in January and February of this year; the researchers also conducted focus groups and interviews in the U.S., U.K., and Brazil. The topline findings of this year’s report echo last year’s: People in wealthy countries are paying for news, but that trend is leveling off. “Across a basket of 20 countries where payment is relatively widespread, 17% paid for any online news — the same figure as last year,” the authors note.

People are also increasingly avoidingnews. “The proportion that says they avoid the news, sometimes or often, has doubled in Brazil (54%) and the U.K. (46%) since 2017 — and also increased in all other markets,” the authors write. In the U.S., the increase is smaller: 42% of U.S. respondents said that they “sometimes or often actively avoid the news” in 2022, up from 38% in 2017.


As traditional news use declines, online news isn’t making up the gap Nieman Lab


Sergey Cherkasov, a Russian military intelligence official, is expelled from the Netherlands for attempting to begin an internship at the International Criminal Court in The Hague using a fake Brazilian identity. Cherkasov will now face a criminal trial in Brazil. (The Guardian) (Reuters)



EVERYTHING IS PROCEEDING AS HAYEK FORETOLD: How the West Accidentally Became Free and Rich — And Why It Might Not Stay That Way.  Joseph Henrich accepts the Manhattan Institute’s $50,000 Hayek Book Prize for 2022 and gives a brief lecture summarizing the book that won the prize, The WEIRDest People in the World.

The lecture, like the book, is a brilliant synthesis of historical analysis and behavioral-science experiments around the world showing how Europeans and Americans became psychologically peculiar and particularly prosperous — what Henrich calls WEIRD (Western, Educated, Industrialized, Rich, Democratic). 

His research, showing the influence of institutions like the Catholic Church and medieval market towns, guilds and universities, illuminates the economist F.A. Hayek’s long-neglected theory for the rise of the West, which Hayek attributed not to the Enlightenment but rather to a long and unplanned process of cultural evolution.  (Full disclosure: I was the chair of the Hayek Prize jury that selected the book.)