Tax Cuts, Wages and Salaries: Will Lower Taxes and Profit Repatriation Help Workers?
Debunking some of the claims of tax “reform” proponents, like that giving companies a tax break to repatriate profits will create jobs.
Read more...Category Archives: Free markets and their discontents
How Market Competition Really Works
One of the best models of competitive markets in an economy is an evolutionary one.
Read more...Global Value Chains, Trade Shocks and Jobs: An Application to Brexit
A conservative analysis, incorporating the impact on value chains, estimates the UK will face a 4.7% GDP fall in a hard Brexit scenario.
Read more...Exploiting the Elderly: Crapification and Long-Term Care Insurance, Genworth as Case Study
Genworth’s flagging long-term insurance business as a window into the challenges facing even the high-functioning elderly.
Read more...The Web Began Dying in 2014 – Here’s How
The Internet has changed considerably since 2014, and not in a good way.
Read more...The Republican Tax Plan
Economists discuss the Republican tax proposals and for the most part, find a lot not to like.
Read more...Bitcoin -> Energy Use -> Pollution
Bitcoin uses a computation system to prevent fraud, but computation takes energy, which damages the environment, all at an increasing rate.
Read more...The Movement to Replace Neoliberalism Is on the Ascendency – Where Should It Go Next?
The time is ripe for a movement to replace flawed mainstream economics…but what must it do to succeed?
Read more...Don Quijones: Could Italy’s Banking Crisis Drag Down Mario Draghi?
Mario Draghi was governor of Italy’s central bank from 2005 to 2011, overseeing the now very sick banking system. Will his past haunt him?
Read more...Trump’s FCC Goes to War on Net Neutrality
Net neutrality has been under attack since 2002, and the Trump Administration is determined to do it in.
Read more...Capitalism: Not With a Bang But With a (Prolonged) Whimper
The question: How does capitalism end?
Read more...“The Medical Cost Reduction Act of 2017”
A set of proposed laws targets some of the worst forms of medical price gouging.
Read more...How Despair Helped Drive Trump to Victory
Trump did well in places that have borne the brunt of declines in manufacturing, mining, and related industries since the 1970s.
Read more...Artificial Intelligence and the Stability of Markets
AI may revolutionise risk management and financial supervision, but also threatens to destabilise markets and increase systemic risk.
Read more...The Super Wealthy Oxycontin Family Supports School Privatization With Tactics Similar to Those That Fueled the Opioid Epidemic
How the marketing model the Sackler family developed to promote OxyContin is being applied to one of their pet causes, charter schools.
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