MMT, Models, Multidisciplinarity
Pavlina Tcherneva does the heavy lifting of debunking an off-the-mark attack on MMT by Noah Smith.
Read more...Category Archives: Taxes
Defying Trump Promises, American Companies Still Playing Offshore Tax Games
Quelle surprise! A one-time tax break for US companies to repatriate offshore profits didn’t stop the gaming, nor did it generate more investment.
Read more...Taxcast: Mainstream Media Misrepresentations of the Financial Crash
This month’s Taxcast discusses misleading reporting from the mainstream media on the financial crisis: it was overloaded with finance ‘experts’, fed us all sorts of misunderstandings about the financial crash, sold us the austerity narrative, and omitted alternative solutions.
Read more...The #MMT Case for Progressive Taxes
MMT advocate typically shy away from calling for progressive taxes. A case as to why that’s a lost opportunity.
Read more...Why Carbon Prices Are Not Enough
A discussion of carbon taxes, cap and trade, and why neither is adequate by itself to change behavior.
Read more...Randy Wray: Response to Doug Henwood’s Trolling on MMT in Jacobin
Doug Henwood’s intellectually dishonest attack on MMT sadly shows how many soi-disant progressives are in fact hostage to neoliberal ideas.
Read more...Why Did Trump Choose to Be Such an Unpopular President?
Trying to make sense of Trump policies.
Read more...Taxcast: The #LuxLeaks Tax Deals – Still No investigation? Plus Amazon’s $0 Federal Tax Payment
This month’s Taxcast focuses on why the LuxLeaks deals are getting a free pass, the financialization of aid, and Amazon’s tax machinations.
Read more...Amazon Drops New York City Headquarters Plan in a Snit
Does the testy abandonment of its New York City “HQ2” scheme mean we’ve hit Peak Amazon?
Read more...And Now This Message From Some Very Rich People: ‘Please Raise Our Taxes’
Some wealthy people point out they wouldn’t even notice, much the less mind, the sort of increases in taxes now under discussion.
Read more...The American Tax Debate
Economists weigh in on the tax proposals by Alexandria Ocasio-Cortez and Elizabeth Warren.
Read more...Brexit “Singapore on the Thames” Fantasies
A jaundiced look at “Singapore on the Thames,” yet another barmy Brexit idea.
Read more...Piketty’s World Inequality Review: A Critical Analysis
Thomas Piketty and his colleagues have insisted that tax records are better for measuring inequality than income surveys. They’re wrong.
Read more...France’s Macron Makes Concessions While ‘Yellow Vest’ Protests Continue
Some background on the demands the gilets jaunes are presenting to French president Macron.
Read more...The Impact of Inheritance Taxes on the Labor Supply of Heirs
Inheritance tax cuts cost non-currency-issuing governments more than just the lost inheritance tax revenues.
Read more...