Alexandre Mergulhao

[James Schneider @schneiderhome]

If Amazon CEO Jeff Bezos gave every Amazon worker a $105,000 pandemic bonus, he’d still be as rich as he was at the start of Coronavirus.

Amazon takes too much and gives back too little.

It’s time to #MakeAmazonPay

[Lucas Chancel @lucas_chancel]

Top 100 richest Europeans are collectively €120 billion richer than a year ago according to Bloomberg

That's a 15% increase in their net worth

Meanwhile, EU GDP dropped by 8%

If this doesn't convince you we should tax extreme wealth to finance recovery, hard to know what will

[Vicente Ferreira @vicenteaferreir]

É preciso ter em conta que a fortuna dos multimilionários continuou a crescer este ano, sobretudo entre os detentores de empresas que lucraram com a pandemia. É por isso que este apelo não é uma questão de altruísmo, mas sim de justiça social e de boas políticas públicas.

[Alexandre Mergulhao @AlexMergulhao]

Não podia ser por boas razões que Milanovic partilhasse um trabalho de Braga de Macedo. Define narcissism...

[Branko Milanovic @BrankoMilan]

Based on the abstract this must be the weirdest working paper ever written.

[Branko Milanovic @BrankoMilan]

Extraordinary. A paramilitary private force (in George W Bush parlance: "contractors") protecting the White House.

[Ladrões Bicicletas @LadrBic]

A coligação de que o país não precisa
[https://t.co/k84znlRi9R]

[Branko Milanovic @BrankoMilan]

Homoploutia, a concept I introduce in "Capitalism, Alone".

In today's liberal capitalism, it is common that the same people are rich *both* in terms of capital they own and earnings they receive. This was almost unheard of in classical capitalism where capitalists seldom

[Harvard University Press International @HarvardUPLondon]

One of the world’s leading experts in inequality, @BrankoMilan, has found that the rise of globalisation has fuelled a boom in inequality in advanced nations. The biggest winners have been the richest 1% of people on the planet.

https://t.co/h0pFMpJqKb

[Alexandre Mergulhao @AlexMergulhao]

Elsevier are corrupting open science...
"It is a cruel irony that Elsevier are to be paid to monitor the very system that they have historically fought against. It is time to stand up to these ruthless mega-corporations before they corrupt Open Science."
https://t.co/Q7FZVDdUOX

[Robin Brooks @robin_j_brooks]

Campaign against Nonsense Output Gaps (CANOO): IMF says Germany & Spain have the same positive (GDP>potential) output gaps of 0.8%, although underemployment in Spain is 24% vs 8% in Germany. These output gaps are NONSENSE and validate fiscal & monetary policy that's way too tight

[Vicente Ferreira @vicenteaferreir]

Seis notas sobre a entrevista de @pmdjmarques ao podcast 'Perguntar Não Ofende' (@PerguntarNao). A entrevista é o espelho do discurso ambíguo do PS: não basta defender "um novo contrato social para a Europa", é mesmo preciso apresentar ideias concretas.

[Robert Reich @RBReich]

Since 1982, three families (Koch, Waltons, & Mars) have seen their wealth increase nearly 6,000 percent, adjusted for inflation.

Meanwhile, the median household wealth went down 3 percent over the same period. Let that sink in.

[Alexandre Mergulhao @AlexMergulhao]

"Marcelo preferia um consenso alargado ou uma maioria qualificada que não está nos horizontes, “Não houve essa maioria para a criação do SNS, para grande mágoa do PSD e do CDS”, recordou @moisesscf."
https://t.co/LNtSXIEBeJ

[Alexandre Mergulhao @AlexMergulhao]

“Sinto-me como se estivesse numa conferência de bombeiros e ninguém está autorizado a falar sobre água”.

[Expresso @expresso]

“Impostos, impostos, impostos.” A tese aparentemente óbvia de Rutger Bregman, o historiador que desafiou as elites em Davos https://t.co/9c6qUPlmbG

[Alexandre Mergulhao @AlexMergulhao]

“Pure theorists are depicted as drawing (...) banal simplicities presented in a mathematical mode called “elegant” (...) In any pure theory, all propositions are essentially tautological, in the sense that the results are implicit in the assumptions made..."

[Real-World Economics @RealWorldEcon]

Economics vs. the Natural Sciences: The methodology of “as if” https://t.co/uiNHHXaWlc via @RealWorldEcon

[Branko Milanovic @BrankoMilan]

Based on @lisdata.

[Alexandre Mergulhao @AlexMergulhao]

"(...) ultra-rich individual produces 35 times the carbon emissions of someone in the bottom half (...)
[W]hat they [most people] can choose [to consume] from is largely determined by large corporations, (...) controlled by the same ultra-wealthy (...)"
https://t.co/SiL3CNqT6c

[Brad Setser @Brad_Setser]

Great essay from Matt Klein. He is right.

Southern Europe is flirting with China in part because the euro area's budget rules drove a collapse in public investment in the weaker parts of the monetary union.

[Robert Reich @RBReich]

This is a truly staggering fact: Wall Street bonuses totaled $27.5 billion last year, which is more 3 times the combined annual earnings of *all* American workers employed full-time at the federal minimum wage.

We can, and must, raise the minimum wage and tax the rich.

[Alexandre Mergulhao @AlexMergulhao]

@joao_ferreira33 "Larry Fink, fundador e CEO da BlackRock, (...) considerou que seria a única possibilidade de desbloquear "o potencial económico" da UE." https://t.co/awgxytsj9x