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XO BTFO: The Wealthy in Florence Today Are the Same Families as 600 years ago

just do bootstrap/coding bro. ljl no https://blogs.wsj.co...
curious violet therapy mood
  10/13/19
lol
soul-stirring stubborn fortuitous meteor
  10/13/19
not that surprising
Cyan Excitant Step-uncle's House
  10/13/19
...
sinister theatre
  10/13/19
not really surprising given it's just one city that hasn't r...
lemon exciting azn roommate
  10/13/19
Plus it doesn't have a real "economy" does it?
overrated heady pervert indirect expression
  10/13/19
yeah but didnt want to say that per se. obviously easier for...
lemon exciting azn roommate
  10/13/19
Italians are a degenerate race and have been perpetual decli...
mint sexy kitty
  10/13/19
in america the vast majority of millionaires are self made
vermilion deer antler
  10/13/19
I met an old money Florence guy once (actually, he was the o...
Hideous feces
  10/13/19


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Date: October 13th, 2019 4:20 PM
Author: curious violet therapy mood

just do bootstrap/coding bro. ljl no

https://blogs.wsj.com/economics/2016/05/19/the-wealthy-in-florence-today-are-the-same-families-as-600-years-ago/

New research from a pair of Italian economists documents an extraordinary fact: The wealthiest families in Florence today are descended from the wealthiest families of Florence nearly 600 years ago.

The two economists -- Guglielmo Barone and Sauro Mocetti of the Bank of Italy -- compared data on Florentine taxpayers in 1427 against tax data in 2011. Because Italian surnames are highly regional and distinctive, they could compare the income of families with a certain surname today, to those with the same surname in 1427. They found that the occupations, income and wealth of those distant ancestors with the same surname can help predict the occupation, income and wealth of their descendants today.

As they wrote for the economics commentary website VoxEU, "The top earners among the current taxpayers were found to have already been at the top of the socioeconomic ladder six centuries ago."

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971539)



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Date: October 13th, 2019 4:21 PM
Author: soul-stirring stubborn fortuitous meteor

lol

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971544)



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Date: October 13th, 2019 4:25 PM
Author: Cyan Excitant Step-uncle's House

not that surprising

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971564)



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Date: October 13th, 2019 4:26 PM
Author: sinister theatre



(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971565)



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Date: October 13th, 2019 4:29 PM
Author: lemon exciting azn roommate

not really surprising given it's just one city that hasn't received huge waves of new arrivals in the way a nyc, london, or a shanghai have (people from other countries or from within that country's hinterlands)

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971577)



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Date: October 13th, 2019 4:29 PM
Author: overrated heady pervert indirect expression

Plus it doesn't have a real "economy" does it?

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971579)



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Date: October 13th, 2019 4:39 PM
Author: lemon exciting azn roommate

yeah but didnt want to say that per se. obviously easier for descendants of landowners and shit like that to stay rich

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971601)



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Date: October 13th, 2019 4:33 PM
Author: mint sexy kitty

Italians are a degenerate race and have been perpetual decline for the last 600 years. Coincidence?

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971588)



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Date: October 13th, 2019 4:40 PM
Author: vermilion deer antler

in america the vast majority of millionaires are self made

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971603)



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Date: October 13th, 2019 4:44 PM
Author: Hideous feces

I met an old money Florence guy once (actually, he was the owner of a company I worked for). Pretty intimidating guy.

(http://www.autoadmit.com/thread.php?thread_id=4362599&forum_id=2#38971621)