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Hmmm

Economic Tidbits
June 29, 2026 6:00 PM
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“Messrs Zidar and Zwick found that in the four years after the unexpected death of a millionaire owner, profits at their firm typically fell by four-fifths compared with similar businesses, because it either shrank or went out of business. Disappointing children are a gift to capitalist reinvention.” American capitalism is run by millionaires, not billionaires; The Economist, June 13th, 2026.