by Joseph Joyce The Need for a Global Corporate Tax Regime When the Organization for Economic Cooperation and Development began its call for a reform of the rules of global taxes in order to clamp down on the avoidance of taxes by multinational corporations, its efforts looked quixotic. But the OECD persisted, and U.S. Treasury Secretary […]

by New Deal democrat Housing and the economy, now and in 2022 – recession caution? My long-form review and forecast of the housing market and its potential effect on the 2022 economy is up at Seeking Alpha. If the market stays like 2014 when interest rates went up, no biggie. But if it’s more like the […]

New jobless claims rise slightly, expect a big payrolls gain tomorrow New jobless claims are likely to the most important weekly economic data for the next 3 to 6 months. They are going to tell us whether, as the number of those vaccinated continues to increase, there will be a veritable surge in renewed commercial […]

Via Truthout , (https://truthout.org/articles/flood-risks-are-rising-amid-climate-change-but-congress-is-delaying-action) comes a reminder of a perennial problem: Floods are the most common disaster in the United States. And the 2020 hurricane season was the busiest to date in the Atlantic — 73 percent more “active” than normal, The Washington Post reported, with a record number of storms breaking ground on U.S. soil, totaling $37 billion in damage. The frequency of what is […]