…flows. I am concerned about issue #3. I think that the plight of illegal immigrants in the US is often horrible, and a disgrace to a country like the US….

…of bread. Tamny confuses prices as a short-run signal to direct resource flows and equilibrium prices at inefficient levels due to market power. Yes, profits and losses are necessary in…

…however, should soon push the U.S. income balance below zero. In that event, net income flows will begin to boost the nation’s current account deficit instead of reducing it. The…

Via Mark Thoma comes a very nice discussion of the current account and capital flows from Martin Feldstein. This jumped out at me: This unprecedented level is equal to 6.4…

…with smoke mirrors and money from Brussels.” One argument is that Ireland’s GDP is much higher than GNP because of the amount of profits that foreign-owned companies send back to…

…equity to derive implied equity risk premium. Damadaron’s approach requires certain assumptions as to expected future dividends (or cash flows depending on the nature of the valuation issue) as well…

…the pathetic attempts by Bowyer to challenge Clinton’s core values as well as his usual confusion regarding stocks (wealth) versus flows (income and tax revenues). Bowyer wants us to believe…

…economy. But today US oil imports make up a giant component of international trade and financial flows (a point Brad Setser has effectively made recently), and are crucial to understanding…

…flows of the Social Security Trust Fund fails to grasp the moral hazard issues involves when companies fund private defined benefits plans. Flemming v. Nestor is a favorite rightwing canard…

…more, or having better international internet connections. It doesn’t simply mean having more cross-border investment flows. Rather, it is some amalgam or all of these phenomena, and many more besides….