Making Sen$e's Recent Stories

Economy Jan 05

What explains who becomes an inventor?

A new working paper finds that children from families in the top 1 percent of the income distribution are 10 times more likely to become inventors than those from families in the bottom 50 percent, and that over 80 percent…

Economy Dec 26

What we get wrong about taxes and the American Revolution

"No taxation without representation" — the rallying cry of the American Revolution — gives the impression that taxation was the principal irritant between Britain and its American colonies. But, in fact, taxes in the colonies were much lower than taxes…

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