1. Introduction -- 2. A Nation of Immigrants? -- 3. The Economics of Migration -- 4. A Moral Superpower -- 5. The Long Run -- 6. Smoldering Concrete -- 7. Inequality -- 8. Parallel Societies -- 9. Social Exclusion -- 10. Immigration and Causality -- 11. Law and Order -- 12. Immigration and Crime...

We study the effect of taxation on entrepreneurship, investigating how taxes affect both the number of start-ups and their average quality. We show theoretically that even with risk neutral agents and no tax evasion progressive taxes can increase entrepreneurial entry, while reducing average...

Existing studies of entrepreneurship focus on entrepreneurs whose individual contribution to wealth creation is typically trivial: self-employed persons. This article investigates entrepreneurs whose individual contribution to wealth creation is enormous: billionaires. We explore the...