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Joan Hoey

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  1. The Economist23 min

    Heir-raising: the boom in inheritance

    Callum Williams, Joan Hoey, Benjamin Sutherland

    Global inheritances are projected to reach $6 trillion this year as the aging Baby Boomer generation transfers wealth, creating an "inheritocracy" that increasingly distorts economic incentives in nations like France and the UK. Simultaneously, global democracy scores declined to 5.17 in 2024 due to a rise in authoritarian regimes, though political participation surged alongside significant upcoming elections in Germany and Canada. While cold exposure consistently boosts dopamine and endorphins, recent scientific reviews offer mixed evidence regarding its physiological benefits for inflammation or immunity, contradicting some claims of the Wim Hof Method.