Social Security… The Fundamental Truth
…or utter nonsense. Social Security is not welfare. Social Security is not an investment plan. Social Security is insurance… to avoid welfare if your investment plan doesn’t work out as…
…or utter nonsense. Social Security is not welfare. Social Security is not an investment plan. Social Security is insurance… to avoid welfare if your investment plan doesn’t work out as…
…of businesses and investment activities. Everything else falls under this hobby provision, which amounts to a truly generous provision for mostly wealthy households who can afford to buy expensive toys…
…the Boeing 787 Dreamliner, which was 220% of the investment and $1.65 million per job (according to my calculations for Investment Incentives and the Global Competition for Capital), more than…
…the same folks seem to change their minds, suggesting that such a tax on financial transactions would discourage investment in the capital markets and be bad for America. There are…
…an enormous misallocation of investment, but this will become apparent only when the threat of global warming is taken seriously.) If the structuralist story is right, the ongoing slump is…
…gains. Nominal net saving by the domestic business sector fell 3%, while nominal gross fixed investment and inventories surged 6% – the two pushed the saving rate down nearly 40…
…total flows in and out of Euro area bond, equity, and money markets, or portfolio investment. The red line plots the dynamics of investment flows by foreign residents in (positive)…
…own… except for the guarantee. It is no more “rent seeking” than any other investment. All investment assumes that when you need to start cashing in your assets there will…
…relationship between fixed assets and financial assets, between saving and investment. It’s said that the true wealth of the nation — the “national savings” — consists of its real assets:…
…them: the share of high-quality investment grade sovereigns – BBB- and above is investment grade – is shrinking. Some bullet points comparing ratings in December 2007 to December 2011: From…