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On top of this, the paper suggests scrapping current rules that guarantee that the state pension "will rise annually by an average of 0.26% more than earnings" and restricting universal benefits to pensioners, such as winter fuel allowance, free TV licences and free bus travel.
BBC: Pensioners should pay more tax, argues Fabian Society
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But a paper in this week's Nature suggests that the technology for indulging in it has not changed much over the years, either.
ECONOMIST: The Romans, too, had sophisticated cosmetics
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This paper identifies the risks associated with such a miscalculation and suggests an alternative approach more likely to produce long-term stability and international peace.
CENTERFORSECURITYPOLICY: Center For Security Policy
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But a paper published in this week's Science, by Andreas Schmittner of Oregon State University, suggests it is not.
ECONOMIST: Climate change: Good news at last? | The
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Given that bonds usually fall when inflationary pressures rise, this suggests gold has not been playing its historical role as an asset for investors who believe that paper money will inevitably be debased.
ECONOMIST: Gold is a useful hedge��but only for a fortnight