Reposted by Karios the Fox 🏳️⚧️🇵🇱
New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment.
www.nber.org/papers/w35854
![A drawing of four youtube thumbnails and titles. They read “I become a rare 1993 Chicken Patty MRE,” “ASMR: You are dehydrated Beef Ration from the Second Boer War,” “K-Ration Shocks Québécois Accountant by speaking perfect French,” and “Hypnosis: You are a 2500 kcal 24 hour ration [warning][real]”](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:syrbaogvw7o42kuv3doca37r/bafkreigq6ps2riwgcm4vrm4doutq6qfnbmqoejyznkelejvjgrhvd6d2qa)
![A scanned image of a sketchpage. The early life cycle of a wolf is depicted in drawings and text: "Take a wolf." [a quadrupedal wolf.] "Make him bipedal." [He is standing on two plantigrade legs.] "Dress him in clothes from the department store." [He wears pants and a rugby shirt, one leg propped up on a small box.] "Give him a 20 year long interdisciplinary education." [He is seen as a high school math student, looking at a wall clock while using a graphing calculator. As a college student, timing the movement of a film development can. As a graduate student, looking at mortarboards being tossed in the air.] "He is now ready to go outside!" [He is once again on all fours, albeit still in bidepal form, wearing kneepads and a harness which reads "MASTER'S DEGREE- OK TO PET."](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:syrbaogvw7o42kuv3doca37r/bafkreibvzri7nhkyyajfsij2kujywhecmco6fmgtz56x7lsppldwtzcxti)
