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Exact(3)
Formally, suppose regulation sets a fixed wealth when sick, that is, (s=s^).
This appendix shows that the main results are robust to consider the alternative regulation that sets a fixed wealth when sick.
Keynes wrote in 1919 that it was "precisely the inequality of the distribution of wealth which made possible those vast accumulations of fixed wealth and of capital improvements which distinguished [the Gilded Age] from all others".
Similar(57)
And Seattle's enshrinement of Piketty doesn't explore the subtleties of his argument: even if he is effective as an inspiration to fix wealth inequality, he is pointing out the pitfalls as well.
Fixing undeserved wealth would be extraordinary".
So regardless of what policies they propose to fix the wealth gap, candidates will always face pressure to protect the top of the pyramid.
Perhaps it was felt that Conservatives were for the rich and that there was a fixed amount of wealth to go round.
And families trying to accumulate a fixed amount of wealth for retirement or their children's college fund could devote less of their incomes to saving, since in most cases the wealth tax would take a smaller bite of their interest, dividends and capital gains than the current income tax.
And even though they do build hospitals and schools, they hoard most of their substantial wealth in fixed deposits.
The upper classes whose wealth remains fixed were untroubled by the smash and grab on social housing, but the idea that a room of one's own was the same as an inherited castle was bogus.
In the real world, the pie of resources and wealth is not fixed; it is growing all the time.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com