The Global Social Network
A 2012 study of 22 nations conducted by Prof Miles Corak for the Organization for Economic Cooperation and
Development (OECD) has found income
heritability to be greater in the United States, the United Kingdom, Italy, China and 5 other countries than in Pakistan.
The study's findings, presented by the author in testimony to the US Senate Finance Committee on July 6, 2012, rely on the…
Added by Riaz Haq on November 25, 2012 at 11:00pm — 13 Comments
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Even with the run-up (in KSE-100), Andrew Brudenell, manager of the HSBC Frontier
Markets fund (HSFAX) in London, says Pakistan is one of the cheapest
markets he follows, at about seven times earnings. He notes that
earnings growth has kept pace with the market. The firms, he adds, are
typically cash-rich, boast strong return on…
Added by Riaz Haq on November 18, 2012 at 9:30pm — 37 Comments
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Right after October 7, 2023, Economist Magazine's Defense Editor Shashank Joshi posted X messages claiming that Hamas beheaded babies during the terrorist attack on Israelis. He has now deleted his posts. Instead of apologizing for joining the baseless Israeli propaganda campaign, Joshi has blamed it on "the fog of war", knowing fully well that this falsehood was used by the Israeli government to justify the Gaza genocide that has killed tens of thousands of Palestinians, most…
ContinuePosted by Riaz Haq on March 23, 2026 at 2:00pm — 2 Comments
Self-described "Proud Islamophobe" Laura Loomer was invited to speak this weekend at India Today Conclave, an annual conference sponsored by an Indian publication. Her speech focussed on what she called "Islamic Terrorism". She also apologized for anti-India racists X posts. To further please her Indian audience, she also engaged in Pakistan bashing. "Pakistan's biggest export to the world is Islamic terrorism, and I don't believe the US should be cozying up to the Pakistani…
ContinuePosted by Riaz Haq on March 14, 2026 at 9:30am — 2 Comments
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