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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sutton   😊 😞
Number: of 21944 
Subject: Re: o/t, Harris and taxes,
Date: 08/12/24 5:06 PM
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No. of Recommendations: 4
"...“Brahmin Left versus Merchant Right”, by Amory Gethin, Clara Martínez-Toledano and Thomas Piketty (working paper, 2021)"

Here's a link to (the .pdf download for) the whole 150 pp paper:

wid.world - WorldInequalityLab PoliticalCleavages WesternDemocracies

While mungo has identified the authors' primary conclusion ("In the early postwar decades, social democratic and affiliated
parties represented both the low-education and the low-income electorate, while conservative
and affiliated parties represented both high-education and high-income voters. These party
systems have gradually evolved towards “multi-elite party systems” in most Western
democracies, in which higher-educated elites vote for the left, whereas high-income elites still
vote for the right
"), there's a fair amount of other hmmm data on skimming through (I have *not* read the whole thing)

...e.g. comparing non-US Western democracies against each other, there is no consistent correlation of self-reported economic class vs voting for a green party, *but* an almost linear correlation in *every* nation of green party support as a function of age (i.e. age 18-39 > 40-59 >60+)

TL;DR: as science-fiction authors have been using as plot devices for the last hundred years, modestly educated and some moral compass make the best planet colonizers. And neighbors.

-- sutton
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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