How ‘Competitive’ Tax and Incentive Policies Hurt Small U.S. Businesses
Supposedly ‘competitive’ policies on tax favor multinational firms over smaller, locally-based ones and also reduce market competition.
Read more...Supposedly ‘competitive’ policies on tax favor multinational firms over smaller, locally-based ones and also reduce market competition.
Read more...Bernie Sanders, if elected President, could accomplish an enormous amount without Congress.
Read more...Who needs balanced trade? It’s time to challenge the premises of “trade” deals like the TransPacific Partnership.
Read more...Tony Benn and Noam Chomsky take a hard look at what passes for capitalism.
Read more...Puzzling over the Great Divergence of real and nominal yields. Ever since the Great Depression, nominal yields have been persistently above real yields Yet in the previous 200 years, despite periods of fiat currency and high inflation, real and nominal yields didn’t diverge. Why do they now?
Read more...CalSTRS’ and CalPERS’ consultant, Pension Consulting Alliance, argues for getting rid of benchmarks altogether in a desperate effort to depict investing in private equity as ever and always sound.
Read more...Greece, which has undertaken the most severe austerity, has experienced the deepest economic contraction. But the policy quackery continues.
Read more...Nicholas Shaxson explains how a “Competitiveness Agenda” is being used to set industrial policies that favor the creation of what used to be called “national champions,” as in Really Big Companies. Never mind that neoliberals officially oppose anything so interventionist as industrial policy….
Read more...Is there merit in trying to measure happiness hundreds of years ago versus now?
Read more...Why “neoliberal” is the framework that best describes our new, post 1980 form of capitalism.
Read more...Debunking the uniformed and regularly hysterical mainstream treatment of government debt and deficits.
Read more...Why the Fed should delay its long-anticipated “liftoff”.
Read more...Why the three big charges commonly made against Corbyn’s “People’s Quantitative Easing” or PQE, are all wet.
Read more...Mind you, the rating agencies are far from the only neoliberal enforcers as far as emerging economies are concerned. But it is nevertheless instructive to compare an official rationale with data.
Read more...Evidence suggests that people are more likely to behave in a pro-social way if they are aware of others who behave in such a manner. This column finds evidence for this phenomenon among blood donors. For every unit increase in a donor’s motivation, there is a 44% spillover in motivation to their fellow tenant. There is an overall increase in donation rates due to such a social multiplier of 17.9 percentage points, instead of the 10 percentage points obtained by calling an isolated donor.
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