Intergenerational income mobility is much higher for children of parents with lower levels of income.
Higher home prices are strongly associated with restrictive land-use regulations.
On Monday, Canada’s finance ministers announced an “agreement in principle” to expand the Canada Pension Plan (CPP), which will force Canadians to contribute more to the program.
Canadians may be forced to contribute up to an extra $3,250 more to the CPP each year.
Accounting for non-pension assets in projections of future retirement income makes a difference.
A higher CPP benefit could trigger a reduction in federal (and provincial) government benefits targeted at low-income seniors.
The space industry is becoming very competitive. National monopolies such as NASA seem less and less necessary.
Regulations are difficult to remove once implemented, as they create groups in society with vested interests in preserving regulations
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