Cutting Company Taxes is a Race to the Bottom
Corporations are winning an ideological battle, securing lower income taxes around the world. But how far can this trend go?
Read more...Corporations are winning an ideological battle, securing lower income taxes around the world. But how far can this trend go?
Read more...Black recounts how fundamental austerity-driven economic policies had become to the Democrats and how Hillary embraced them wholeheartedly.
Read more...Michael Hudson debunks the myth that rising home prices are always a boon to homeowners.
Read more...World Bank economist Paul Romer calls out obvious defects in macroeconomics, and is treated as a bomb-thrower.
Read more...Economists maintained a party line of never letting a bad word be said about more open trade even though they knew it would produce losers.
Read more...Italian banks may start bail-ins at the worst possible time for Matteo Renzi and his constitutional reforms.
Read more...Capitalism needs a dose of socialism, aka public works. Mission-oriented public investment is vital to revive private-sector investment.
Read more...Mark Blyth gives yet another colorful, incisive, and spot on reading of politics, this time of the US election and the political outlook.
Read more...Yves here. While the recent trend in foreclosures looks alarming, it appears that servicers are making a push to clear out what they regard as old inventory, even though it appears to be include defaults that started after the crisis. One has to note cynically that they waited to the tail end of the Obama administration […]
Read more...If Trump is serious about policies like rebuilding infrastructure and reducing foreign conflicts, can he prevail over his party’s establishment?
Read more...The Democrats need to reinvent themselves. Appeals to identity politics will not deliver enough votes.
Read more...Why liberals (which do not forget is not the same as the left) reaped the whirlwind in the elections
Read more...How and why the farm credit system served as the first Federal experiment in using cheap credit as an economic and policy tool.
Read more...Michael Hudson gives a freewheeling interview on some favorite topics like rentier capitalism and why the Great Moderation wasn’t so great.
Read more...Why over-reliance on monetary policy and the failure to engage in fiscal deficits is a toxic mix.
Read more...