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"the NF-A12x25 manages to outperform the Gentle Typhoon AP-15 by only a hairline"
"Of all the fans that could be considered looking similar to the NF-A12x25, the Nidec Gentle Typhoon proved to be the hardest competition, but we’re confident that our design is slightly superior. In our tests on a typical 2 inch all-in-one water cooler at 200W heatload with both fans adjusted to the same noise level, the NF-A12x25 with the supplied radiator gasket provided about 0.3 to 0.6°C lower temperatures than the Nidec depending on the speed settings. At the same time, our premium grade SSO2 bearing runs virtually inaudibly whereas the Nidec’s ball bearing produces an unpleasant tone that becomes clearly audible at lower fan speeds. Last but not least, unlike the NF-A12x25 with its integrated silicone pads and gasket, the Nidec doesn’t have an anti-vibration mounting and thus transmits vibrations and resonances to the radiator and case. All things considered, we’re confident that the NF-A12x25 is the best 120mm fan currently available."
"the wealth tax is likely to be the most direct and powerful tool to restore tax progressivity at the very top of the distribution"
"our analysis shows that the wealth tax has great revenue and wealth equalizing
potential in the US context. The wealth tax, if the tax rates are high enough, is also a powerful tool to deconcentrate wealth. A wealth tax of 2 or 3% per year can put a significant dent into this growth rate advantage. With successful enforcement, a wealth tax has to deliver either revenue or de-concentrate wealth.79 Set the rates low (1%) and you get revenue in perpetuity but little (or very slow) de-concentration. Set the rates medium (2-3%) and you get revenue for quite a while and de-concentration eventually. Set the rates high (significantly above 3%) and you get de-concentration fast but revenue does not last long. Which is best will depend of course on ones political views."
"Can a wealth tax be successfully enforced? Our review of past and foreign experiences, as well as recent empirical work tells us that enforcement is a policy choice."
"The wealth tax accelerates the process of dispersion of stock ownership for very successful businesses that make their owners-founders billionaires. Dispersed stock ownership has been a feature of US capitalism and is a key reason why taxing wealthy business owners is feasible. Importantly and in contrast to labor income, this dispersion does not mean that economic activity disappears. There might not be even any effect on the wealth stock if the government uses the wealth tax proceeds for public investment, debt reduction, or to create a sovereign fund. The wealth disappears only if the government cannot save the money and cannot encourage middle class saving."