Dilemmas, Trilemmas and Difficult Choices
…policy, and unregulated capital flows. A central bank that tries to achieve all three will be frustrated by the capital flows that respond to interest rate differentials, which in turn…
…policy, and unregulated capital flows. A central bank that tries to achieve all three will be frustrated by the capital flows that respond to interest rate differentials, which in turn…
…capital inflows to 64 emerging market economies. Among the drivers of capital flows were real commodity prices: an increase in these prices increased flows to the emerging markets, particularly total…
…with the capital you have, not the capital you’re eventually going to want – and stocks are claims on the capital we have now, not the capital we’ll need if…
…the problem that any aggregate of capital must be a value category, price times quantity, as there is no such thing as “leets” or an actual aggregate capital, unless one…
Paul Caron at Taxprof blog points us to capital gains Is Capital Gains Tax Law Biased Against Low Income Investors? Min Dai (National University of Singapore, Department of Mathematics), Hong…
…with. Even researchers like Thomas Piketty and Emmanuel Saez (see “A Theory of Optimal Capital Taxation”) who dissent from the standard no taxation of investment income position think capital income…
…capital income gets so weak as to fall too much in its spending, there is an underlying concern of a recession among capitalists. However, if capital income can accept lower…
…capital flows gathered in the “other investment” category. McQuade and Schmitz also investigate the characteristics of the countries that experienced larger contractions in capital flows in the post-crisis period. They…
…of this income is taxed at preferential capital gains rates, and much of the income tax is deferred because capital gains and losses are generally taxed only when the asset…
(Hence the correctness of the theory of surplus population and surplus capital…) Marx mentioned, “the theory of surplus population and surplus capital,” parenthetically, in the Grundrisse and “surplus population and surplus capital”…