This paper introduces wealth-dependent time preference into a simple model of endogenous growth. The model generates adjustment dynamics in line with the historical facts on savings and economic growth in Europe from the High Middle Ages to today. Along a virtuous cycle of development more wealth leads to more patience, which leads to more savings and even higher wealth. Savings rates and incom...

Type A affine shuffles are compared with riffle shuffles followed by a cut. Although these probability measures on the symmetric group Sn are different, they both satisfy a convolution property. Strong evidence is given that when the underlying parameter q satisfies gcd(n, q−1) = 1, the induced measures on conjugacy classes of the symmetric group coincide. This gives rise to interesting combina...