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1874

Modeling a Wealth Tax

A wealth tax will usually have a threshold at which it starts. How much difference would a high threshold make? To model that, we need to make some assumptions about the initial value of your stock and the growth rate. Suppose your stock is initially worth $2 million, and the company's trajectory is as follows: the…

1882

Flux is the new WndProc

React, if you’ve somehow missed it, is the new hotness in web programming. The idea is simple: each React component describes its view idempotently, in JavaScript. The view is rendered entirely based on a small amount of state the component keeps internally. Given the same state, a given component will always render…