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I set to work on the capital punishment project but found no suggestion in the case law that any
document IMAGES-004-HOUSE_OVERSIGHT_017247.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

4.2.12 WC: 191694 I set to work on the capital punishment project but found no suggestion in the case law that any court had ever considered the death penalty to be of questionable constitutionality. Just five years earlier, Chief Justice Earl Warren had written in Trop v. Dulle...

Financial Services
document IMAGES-006-HOUSE_OVERSIGHT_022394.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…inates key appointees for the regulatory agencies. Hensarling agrees with Senators Crapo and Brown on the importance of capital for big banks, but he wantsto reward banks with relief from much of Dodd-Frank’s supervisory regime if they agree to a higher leverage ratio. Hensarling...

needs saying. If it does, that tends to mean that it is new to the current conversation
document IMAGES-001-HOUSE_OVERSIGHT_010991.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…There may have been some originality in spelling out the implicit axioms behind them, and in generalizing them into all capital including human capital if we trust those axioms. One of the mini-surprises was that gift appeared in my very first equation. Cash flow at the scale o...

effective rate greater than 90% of the maximum U.S. corporate income tax rate is not taxable to a
document IMAGES-007-HOUSE_OVERSIGHT_024089.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…’s U.S. federal income tax liability. Similarly, each U.S. Partner’s share of any foreign taxes which may be imposed on capital gains or other income realized by the Fund generally should be treated as creditable foreign income taxes. Capital gains realized by the Fund, however,...

counterparts in the next generation. Each cohort (same-age group) invests
document IMAGES-001-HOUSE_OVERSIGHT_011081.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…han growth rate that varies from asset to asset with risk. For illustration, consider factor risk. | argued that human capital figures to be the riskier and higher return factor because assets tend to reflect the risk appetites of their owners. The young are more risk-tolerant,...

Cc CHAPTER IX Cannabis Industry Risk Factors
document IMAGES-008-HOUSE_OVERSIGHT_024803.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…censes, permits and approvals or may be able to do so only at significant expense. * Cannabis companies’ access to the capital required to grow and to finance ongoing operations involves challenges particular to the industry's uncertain and rapidly evolving legal landscape. Many...

ONE FERRY BUILDING, SUITE 255 SAN FRANCISCO, GCA 94111 [email protected]
document IMAGES-007-HOUSE_OVERSIGHT_024271.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

BLOCKCHAIN CAPITAL, LLC CCP Il, LP OCTOBER 2015 A A we BLOCKCHAIN CAPITAL ( ONE FERRY BUILDING, SUITE 255 SAN FRANCISCO, GCA 94111 investor@blockchain.capital HOUSE_OVERSIGHT_024271

consumption must exclude any schooling or nurture already counted in that
document IMAGES-001-HOUSE_OVERSIGHT_010943.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… or nurture already counted in that investment. (Schooling counts as consumption.) Mill would have understood the human capital concept, defined by Sir William Petty nearly two centuries before, but economists only recently have begun to take it seriously. Mill’s meaning of the...

What other basic terms do we need? Cash flow at the collective scale, where
document IMAGES-001-HOUSE_OVERSIGHT_010980.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ost of economic history has called this exhaust consumption. Schultz recognized some consumption as investment in human capital, I said earlier, and limited the exhaust to “pure consumption”. I will use this and the term “exhaust” interchangeably. Then transfer, consumption, exha...

employers’ expense is part of investment in human capital, and reasoned that
document IMAGES-001-HOUSE_OVERSIGHT_010955.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

employers’ expense is part of investment in human capital, and reasoned that employers won't pay it unless they expect eventual recovery with interest. What Becker stopped short of saying is that the same is true of any investment in anything by anyone. When we invest for our o...

I believe that the case for this rule is very strong. The deadweight loss rule and the
document IMAGES-001-HOUSE_OVERSIGHT_011054.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ies that led me finally to rule them out by adjusting the axioms. The life cycle model should also specify that human capital continues after retirement. | admit that this rules out the simplicities assumed in the boss/secretary parable. It continues because we earn imputed pay...

A foundation of law
document IMAGES-007-HOUSE_OVERSIGHT_023699.txt Oct 20, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

8 CHINADAILY.COM.CN/OPINION MONDAY, OCTOBER 20, 2014 CHINA DAILY +a EDITORIAL A foundation of law THE FOURTH PLENARY SESSION OF THE 18TH Central Committee of the Communist Party of China opens on Monday and will last for four days. The designated theme — governing through th...

COLLABORATIVE INSIGHTS February 25, 2019
document IMAGES-008-HOUSE_OVERSIGHT_024918.txt Feb 25, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

COWEN COLLABORATIVE INSIGHTS February 25, 2019 Equity Research Price Targets: Cowen and Company, LLC assigns price targets on all companies covered in equity research unless noted otherwise. The equity research price target for an issuer's stock represents the value that the ana...

Source Entry: H\Macintosh HD\root\Users\jee\Library\Messages\Archive\2019-07-05\larry
document TEXT-001-HOUSE_OVERSIGHT_027777.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Source Entry: H\Macintosh HD\root\Users\jee\Library\Messages\Archive\2019-07-05\larry Summers on 2019-06-13 at 13.16.44.ichat Service: iMessage Start Time: 06/14/19 01:45:35 PM (582237935) End Time: 07/05/19 01:27:01 PM (584051221) Last Message ID: 31810 Chat Room: Participants:...