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Tech stocks slide as Nvidia board prepares to oust Jensen Huang

Nvidia boss Jensen Huang could be ousted from the chip giant he founded over three decades ago after reports emerged of a second extramarital affair, threatening to bring an end to one of the tech sector’s most influential careers and sending a chill through global markets. The firm’s board is reportedly preparing to remove its [...]

The Everywhere Rent Seekers

Zidar and Zwick have a good post on the political power of billionaires versus the power of many millionaires, based on their excellent book The Everywhere Millionaire. First, they point out that despite the attention given to (some days) trillionaires and billionaires, the combined wealth of the Everywhere Millionaires, the dentists, the…

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