Macarena Capital

The more serious financial crises of the last 10 years have always caught Macarena sunbathing somewhere else. She thinks this is not a concidence, so she made two decisions. Number one: gain some weight, so the mere thought of using her old white bikini would become sufficiently embarassing, regardless of the guy at hand. Number two, force me to post her random thoughts on finance as she delights herself on jamon pata negra and manchego cheese.

16.5.07

Inequality´s real issue: Whales

Inequality, thus far, has been discussed in extremely limited terms, Macarena has learned.
Namely, she thought it was all about think-tank types insisting that inequality hurts growth whilst promoting the redistributive flavor of the day.
And about economists, such as Becker and Murphy, reminding people that the real question is why, if inequality stems from the returns to education, don’t more people seize that opportunity?.
How wrong she was:

An interdisciplinary team of McGill researchers has uncovered a connection between growing economic inequality and an increase in the number of plant and animal species that are threatened with extinction.
"Our study suggests that if we can learn to share economic resources more fairly with fellow members of our own species, it may help us to share ecological resources more fairly with other species," said Dr. Greg Mikkelson, assistant professor in the McGill School of Environment and Department of Philosophy.
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