quentin

#Redistribution | En 2023, 56 % des personnes reçoivent plus qu’elles ne versent au titre de la redistribution publique. Le gain net moyen annuel est de 23 900 € par personne seule. Cette part de bénéficiaires nets varie fortement selon le niveau de vie 👉#titre-bloc-14" target="_blank" rel="nofollow noopener">insee.fr/fr/statistique…

Classée 22e en mathématiques et 22e en sciences parmi les 38 pays de l'OCDE, la France connaît une baisse préoccupante de ses performances depuis 2018 👉 l.sciencesetavenir.fr/MUu

🗣️ Barbara Lefebvre : "Le resto plaisir, c'est fini ! Je n'y vais plus. Les prix c'est tout de suite 20 €. Que les restaurateurs ne s'étonnent pas. Ils répercutent très lourdement les prix sur le consommateur." #GGRMC

💣 🛖𝐋𝐚 𝐭𝐚𝐱𝐞 𝐟𝐨𝐧𝐜𝐢𝐞̀𝐫𝐞 𝐩𝐨𝐮𝐫𝐫𝐚𝐢𝐭 à 𝐧𝐨𝐮𝐯𝐞𝐚𝐮 𝐚𝐮𝐠𝐦𝐞𝐧𝐭𝐞𝐫 🗣️ Contribuables Associés interrogé par @BenjaminGlaise sur @SudRadio : "On parle d'une augmentation de 60 à 100 euros par an (…) Mais il faut s'attendre à d'autres hausses de la taxe foncière avec le temps" ✅ A chaque vente, le propriétaire devrait assurer à l'acheteur qu'il est bien à jour avec l'administration fiscale.

École : "En attendant de redresser le public, par pitié, ne cassez pas le privé" L'appel d'@isabellesaporta dans #RTLMatin

Over the years, I have actively participated in the economic policy debate in Spanish and written a fair amount on the topic (including many papers and several books!). Some of these issues go beyond purely local interest and are relevant, with only minor changes, for other countries in Western Europe and Latin America. I have always wanted to translate some of this work into English (if only to reach a wider audience), but until recently the cost was prohibitive. Thanks to AI, that cost has now fallen by roughly two orders of magnitude. Yesterday, I circulated a short policy paper I wrote over the Winter Break in Spanish arguing that it is far more useful to think about the sustainability of pay-as-you-go social security systems in terms of their internal rate of return (IRR) than to focus on cash flows, as much of the debate tends to do. The paper went viral, and several non-Spanish economists expressed interest. This morning, I translated it into English with the help of AI and made some light adaptations. I did not spend a great deal of time polishing every detail, but I think it is still well worth reading: sas.upenn.edu/~jesusfv/Pensi… The punchline will not be new to anyone who has read Samuelson’s (1958) classic paper, but it bears repeating. The key to the sustainability of a pay-as-you-go social security system is that the IRR received by participants must equal the growth rate of the system’s revenues. Once you think in these terms, almost everything else becomes secondary. Lower fertility simply implies a lower growth rate of revenues. Along the same lines, higher wages do not necessarily help the system if the IRR is already too high. In fact, they can make things worse, because an excessive IRR is then paid over a larger base. Somewhat surprisingly, when I explained this point to several excellent economists, many told me they had never thought about it this way. What actually helps a pay-as-you-go system is faster wage growth, because it raises the growth rate of revenues. It is all about the derivative, not the level. The effects of immigration are also much more nuanced than is often assumed. If the IRR is too high, bringing in additional immigrants may worsen the system’s present discounted balance, even if it improves the current cash-flow position. As always, comments are welcome. I may write something longer in the future, and I would welcome any suggestions. P.S. I write differently in Spanish than in English. Do not be surprised if the paper reads somewhat differently from my work originally written in English. Personally, I think I write much better in Spanish, but that style does not always translate cleanly.

@StrikerHLTVorg The Austin comparison is especially egregious. How can you compare donk's and ZywOo's numbers in the quarterfinal where one won and the other one lost? It is harder to get stats when in elimination games, I'm sure you have a filter for that. Sry for spam, this is the last one