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She is the child of Joan Marie plus Miguel Angel Rosich, however was brought up by her stepfather Herbert White that has actually additionally provided her his last name.

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If we actually had Pareto-optimal wealth redistribution, then of course, create as much wealth as possible and redistribute it Pareto-optimally. My takeaway from this story is that in societies with a lot of marginal-value-of-money inequality, economic growth is potentially less useful than working to keep the money with people who can spend it on higher-marginal-value things. How low is the marginal utility of money for the person holding the average dollar, if no efforts are made to redistribute it? How much economic growth are we sacrificing by choosing redistribution? How high a marginal utility of money do we get by redistributing it?

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