Peter Cundill (1938-2011) was highly regarded as one of the greatest value investors of his time, but he was also a teacher and mentor who was generous with his knowledge and shared the wealth of his experience with many aspiring investors. He was taken with Aldous Huxley's words that the...

This comparative study of the relationship between family economic background and adult outcomes in the United States and Canada addresses three questions. First, is there something to explain? We suggest that the existing literature finds that there are significant differences in the degree of...

Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...