The Great Moderation Just Moderated the Risks of the Rich
Following up on my earlier post, about people swimming in a stream of economic change over which they have no control: As I often do, I was re-reading some old…
Following up on my earlier post, about people swimming in a stream of economic change over which they have no control: As I often do, I was re-reading some old…
These local stories in Louisiana, Kansas, Nebraska, and North Carolina speak quite eloquently for themselves. Gov. Bobby Jindal is proposing to eliminate Louisiana’s income and corporate taxes and pay for…
…retiree, the future worker will be about twice as rich after paying his payroll tax, and will be able to look forward to being twice as rich in retirement. It…
…pointed out in Commerce and Coalitions, it is perfectly feasible to have rich country winners compensate rich-country losers and still have all of them be better off from trade. Politically,…
…rich always: finding a new way to think about income inequality, Freakonomics, Dec. 20, 2011. The vast shift in national income toward our richest 1 percent is especially vivid if…
…why do we keep hearing that is going to go broke and create huge budget deficits… unless we raise huge taxes on the young… or “the rich”? Well, because there…
…salaries,” notes Richard Posner, a critic of today’s executive compensation (and also, incidentally, the judge who recently turned down Conrad Black’s U.S. legal appeal). The rich also greatly enriched themselves…
…totally disagree with the Republicans and which people care about. My policy proposal and political strategy is to increase progressivity increasing taxes on the rich and cutting taxes on everyone…
…for decades to come.” —Frank Rich, New York Times, Sunday I love Frank Rich. I agree with him almost always, and am thrilled that someone whose commentary will be read…
…want rich people to be rich why are they rich? Obviously they must deserve it because of their higher level of education and skill or something and that extends to…