…the automobile companies. — klh Ah! Mystery Solved! Yesterday,in my post, “Crony Capitalism On A Grand Scale“—the title of the post borrowed from an op-ed piece by Romney in yesterday’s…

…— “Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity Is Not Expensive” — should have ended this debate once and for all. It dismantles…

…capital will create new investments. See, e.g., Why Romney is Wrong and Gingrich is Right on Capital Gains Taxes, AEI ( Dec. 12, 2011). This theory is hogwash–lowering the return…

…capital income from taxation eliminates the estate tax imposes a flat rate on wage income with no deductions (and apparently only some exemption for the poorest of the poor in…

…during the financial crisis. In 2009, GE Capital’s losses were so large that it company overall lost money on its U.S. operations. GE’s federal taxes, Immelt said, would rise as…

Over the last couple of months, a string of events made policy makers and investors alike say, what? Greece must raise capital next year and meet a 7.5% deficit target…

…economists should look at this. But anyway, the theory was that it is OK to run a large trade deficit and import capital from abroad if the foreign capital is…

…there – a hodgepodge of monetary stimulus, capital controls, and fiscal deficits. Something’s gotta give; and my bet’s that it will not be the currency. Direct intervention and further capital…

…the build up of an excessive capital stock then a recession with low investment until the aggregate capital labor ratio is brought back down due to depreciation, population growth (Solow…

…institution.” Hints at a definition. 2) Build up capital during good economic times. Look ahead and account for losses during downturns (cyclical capital requirements ? YES for “stystemic” firms) in…