…normally scrutinized in the design of any building so significant — and in the review that public projects face in the nation’s capital. But barring a judge’s intervention, the ballroom…

…returns to capital even before the AI tsunami hits, and AI is sure to shift the balance of economic power further from labor to capital — making wages an even…

Piketty wouldn’t raise taxes on income, which thriving professionals have a lot of; he would tax investment capital, which they don’t have enough of. — David Brooks, The Piketty Phenomenon,…

…by a strong 4.2% after accounting for inventories to another new all-time record: Corporate Profits with Inventory Valuation Adjustment and Capital Corporation Adjustment The bottom line: if the rear-view mirror,…

…them.) 2.Obama’s proposed chained-CPI cut would typically reduce benefits for 3 percent, and by as much as 6 percent for some recipients. 3.The White House’s decision to label this cut…

…also added the final two sentences. The post is a followup to a post from earlier Friday. I’ve also created an additional label: mainstream-journalism gimmickry. I’ve left the original rather…

…and since then, models have proliferated, transforming the name “Smith and Wesson .38” into a generic label for a particular style of gun, even clones that aren’t made by Smith…

…the next decade, achieved through a combination of limits on breaks and higher tax rates on ordinary income, capital gains, dividends and estates”); Jackie Calmes, Demystifying the Fiscal Impasse that…

…loophole of all for America’s wealthy: the preference for capital gains. Id. Krugman in his blog, An Austerity Bomb (Nov. 14, 2012) argues that we’ve again allowed the extremists on…

…to the already wealthy, and sets policies to ensure that is true, from tax cuts to capital gains, estate taxes and progressive rates (all favoring the wealthy) to the kinds…