by Barkley Rosser Financial Times Messes Up On Italy I have for a long time thought the Financial Times to be the best newspaper in the world, but now I am going to play Dean Baker beating the press on it. I think they are slipping, and the sign is a story that appeared in […]
by Kenneth Thomas European Union ends relocation subsidies This isn’t actually news, but it’s news to me, and it’s something you need to know. Greg LeRoy sent me an article by James Meek in London Review of Books (20 April 2017) that he’d been sent by a friend, documenting more EU-permitted job piracy by Poland […]
Linda Greenhouse of the NYT comments: A Supreme Court quiz: Who offered this paean to judicial restraint: “If it is not necessary to decide more to a case, then in my view it is necessary not to decide more to a case”? … That was nearly 11 years ago, only eight months into his tenure. […]
by Barkley Rosser Poland: “What Are These People Complaining About?” Thus spake Jeffrey Sachs in January 1994 at the ASSA/AEA meetings shortly after the Solidarity government of Lech Walesa was defeated in an election over plans to cut old age pensions, which Sachs thought were too high. He has since recanted some of his views […]
by Sandwichman Gibberish Repeat after me: The world is not a zero-sum game. Technology often creates more jobs than it destroys. The number of jobs in the economy depends on how much people are spending and investing. High-skilled tech workers grow the economic pie by boosting productivity, encouraging more investment and increasing entrepreneurship. Economists call […]
Via Diane Ravitch’s`blog comes this bit of news…the real world is business is a meme underlying our conversations in politics. Well, this is good news! Ohio Governor John Kasich’s proposal that teachers should be required to “job shadow” a business to learn about “the real world” has been shot down (thanks to Ohio Algebra Teacher for […]
by New Deal democrat A thought for Sunday: the economy is on autopilot. Pray that it stays that way It’s Sunday, so I get to step out from nerdy analysis, and opine as I please. Back in 2014, when there was another GOP “wave” election in the Congress, I wrote that the silver lining was […]
by Kenneth Thomas Tax Justice Network Taxcast, March 2017: Brexit and Tax Havens; Losses to Tax Avoidance Will Brexit harm the City of London’s tax haven? With weak regulation, money laundering, and satellites like BVI, Cayman Islands, and Jersey, everyone knows it’s already a tax haven. The UK is threatening to be more of a […]