Taxes for Revenue Are Obsolete
In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
Read more...In a 1946 classic, New York Fed chairman Beardsley Ruml explains why taxes aren’t necessary for Federal spending and argues against corporate income taxes.
Read more...Michael Hudson on how the US was able to turn its change from creditor to debtor to its advantage.
Read more...Does Johnson have any Brexit wriggle room?
Read more...Transfer pricing: How developing countries lose $3 billion every day through an accounting trick that allows corporations to avoid paying tax.
Read more...The Financial Times’ Martin Wolf has a go at Donald Trump, but manages to score an own goal as far as his profession is concerned.
Read more...Awfully late in the game, industrial policy gets the recognition it deserves.
Read more...How our economic and political order fuels busy-ness, harming both individual and community well-being.
Read more...If you hold mainstream economic views, it was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.
Read more...Not surprisingly, the poor, particularly in developing countries, will be devastated by climate change.
Read more...Lack of geographic mobiliity is a major culprit in the rise of nationalism.
Read more...The odds of a major war, even one that could fracture the world order, appear uncomfortably high.
Read more...Why stories from “value creators” should be taken with a fistful of salt.
Read more...Looking for cheery news on Brexit? You’ll have to look awfully hard.
Read more...Quelle surprise! Occupational decline, aka “The robots ate my career,” lowers lifetime earnings, particulalry for low-wage workers.
Read more...The mythology of shareholder capitalism does not stand up to scrutiny.
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