by Linda Beale Senate Finance Leaders push “blank slate” to tax reform Senators Baucus and Hatch, the Chair and ranking minority member of the Senate Finance Committee, respectively, launched a bid for completing a Code reform before Baucus leaves office with a letter to Senators telling them that they should get their bids in within […]

Or: Why Banks Aren’t Like People Steve Keen does a good job of addressing Paul Krugman’s befuddlement with Richard Koo’s balance-sheet-based thinking, here, with detailed models showing how funds flow and stocks change over time. I’d like to address it more succinctly and I hope intuitively, by pointing out a simple misunderstanding that Paul shares […]