Relevant and even prescient commentary on news, politics and the economy.

Good Cop/Bad Cop or Tit for Tat ?

Robert Waldmann The bill passed by the House of Representatives which imposes a 90% tax on bonuses paid to people who earn over 250,000/year by firms which received TARP funds makes the hair on Noam Scheibers neck stand up.He writes As for the consequences we can’t foresee, most of them relate to the precedent of […]