…terms (bit of a problem during a financial crisis). The problem is that everyone hates Tremonti, so he isn’t mentioned as a possible national unity Prime Minister. More likely would…

by Linda Beale In earlier posts on ataxingmatter (here and here), I reviewed Robert Reich’s 2010 book, After Shock, and wrote about his suggested cures for the problems made most…

…duties between members. Where the problem came in is fiscal and trade deficits rules either weren’t enforced, or like Greece, some countries cooked the books and hid the problem. In…

…then becomes whether this is an economics problem at all. And, if we assume it is, what does that mean for other. more standard, problems? On the Next Rock: capital,…

…other unlikely sources of income, assumes no losses due to compliance problems, calls for “simple” enforcement due to elimination of the income tax, and assumes away transition problems (if our…

…that I changed the title and some labeling. But there is another problem with the small sample objection. See, there are many ways to test whether there has been a…

…jobs automated (never to return). Instead, the problem seems to be one of education…or at least moving in that direction. In which case, the problem becomes the unemployed’s fault. These…

…is a near universal expectation that eventually, the problem will correct itself and we will gravitate back to something close to full employment. The problem with this assumption is that…

…problem is that one can be very smart without having rational expectations. In the same passage, he also notes a cause of big systemic problems and confidently asserts that it…

…changing financial services market, too slow to identify problems and not capable of changing the laws quickly enough to head off serious problems. Moreover, resources are always constrained at the…