by Linda Beale Another Reason to Ditch the Capital Gains Preference–Games Lawyers (and Hedge Funds) Play Bloomberg today covers a story about another tax-shelter ploy by hedge fund billionaires to…
…capital income actually increases. Those with capital must be experiencing a euphoria beyond normal drugs. How much would labor share have to rise to clean out the toxicity? My calculation…
…upon capital has been lowered so far down, that capital has acquired a state of immaturity. People want money for themselves and don’t want to give back to society. Fed,…
…labor income at the end of 2012, but we now see the spike going in the other direction, toward capital income. From 3rdQ-2013 to 4thQ-2013, capital income rose $113 billion,…
…of the University of Giessen. They estimate a dynamic hierarchical factor model of capital flows that distinguishes among a common global factor, a factor dependent on the type of capital…
Thomas Piketty’s Capital in the 21st Century shows us where society is going. Paul Krugman summarizes this future using Piketty’s term, Patrimonial Capitalism, where inherited wealth gains economic power and…
…capital is separating from its customer base. Ultimately, production and the utilization of labor & capital stay below the effective demand limit line. This has been the consistent historic pattern….
…about, because we really have no idea (beyond the market’s best guess expressed in household net worth) what our real capital is worth. “Financial capital” is an oxymoron. Cross-posted at…
…Russia. U.S. markets affect capital flows in other ways. Erlend Nier, Tahsin Saadi Sedik and Tomas Molino of the IMF have investigated the key drivers of private capital flows in…
…that investment depends on the future marginal product of capital as well as the current marginal product of capital. I think the first approach is vastly superior to the second…