Absolute and relative returns are two terms that are frequently used in the investing world to evaluate performance, make investment decisions, and conduct operations in general. These two terms have ...
“Relative mobility” measures how a child’s ranking in the income distribution compares to her parents'. “Absolute mobility” measures something entirely different. The economics blogosphere as well as ...
People generally just don't get what poverty actually means. This is a charge often enough aimed at me and people like me, well off white guys who pontificate upon economics. But those making that ...
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