by Linda Beale Religion and Tax–not an easy issue The Atlantic magazine has an article in the May 3 2016 issue asking “Should Courts Get to Define Religion?” The article deals with a Catholic shrine in Attleboro Massachusetts, Shrine of Our Lady of LaSalette, that covers almost 200 acres of land and includes what are […]

by Barkley Rosser The Revenge Of Joan Robinson: Capital Theory Controversies Revive It is easy to argue about what is the most important or influential thing that the late Joan Robinson did in economics.  More conventional types would probably point to her widely accepted and even textbookified Economics of Imperfect Competition.  Some would point to […]

by Barkley Rosser (originally from Econospeak) The Legacy of Joan Robinson Over a week ago Joan Robinson came up in connection with the ongoing controversy over Gerald Friedman’s analysis of Bernie Sanders’s economic plan.  When criticized for apparent problems with it he declared that those who understand what he is doing are “Joan Robinson economists.”  […]

by Linda Beale IRS Scrutiny of 501(c)(3)s As most everybody is aware by now, the IRS has been under considerable strain for a number of years from budget and staff reductions that have left it underfunded, understaffed, and under pressure.  This is part of the right’s effort to “shrink the government to a bathtub and […]

by Linda Beale Defending the IRS Against Right-Wing Attacks The IRS is a government agency that endures all kinds of hostile attacks.  Most people don’t really like to pay taxes.  Even I don’t really “like” paying taxes, though I do recognize the importance of paying taxes and supporting the societal infrastructure that pays for the […]

Yves Smith at Naked Capitalism has just pointed to The unfairness of housing purchases through time.     New Deal democrat and Barkley Rosser (at Econospeak) have pointed to problems with rental prices.  NDd continues with this post, also pointing to Bill McBride at Calculated Risk… by New Deal democrat Rents are going through the roof! Rent […]

by New Deal democrat Would the real “real median household income” please stand up? Real median household income is among the most important measures of economic well-being.  So why do three surveys compiled from 3 different sources give 3 very different results? Let me point out initially what real median household income is NOT.  It […]