As every economist knows, Stein’s Law says that trends which can’t continue don’t. Unfortunately, it doesn’t tell us anything about when or how they come to an end. Since our national debt is assumed by...
Keynesian economists, reply to Carmen Reinhardt and Kenneth Rogoff on the threat of crossing a specific threshold in the ratio between government debt and GDP. Economic Policy Institute fellows criticize their simplifications and...
In the case of Finland it seems to be basically a case of it having a more cyclical sectoral structure, with heavy exposure to cyclical industries like the forest industry. Also, the fact that Russia is an important...
As a candidate for the Ukrainian presidency Viktor Yanukovych promised in fall-2009: I’ll push through with the new Tax Code; I will make Ukraine most attractive country for investments in Eastern Europe. Attempts to modernize...
It was during the time early in the Carter administration, which proposed a crude oil equalization tax on oil producers when I first time ever dug into the details of a revenue forecast. I was curious about the revenue...
Christina Romer w obszernym artykule na temat zmian podatkowych wyjaśnia, które z nich przyczyniają się do zwiększenia, a które do redukcji deficytu. Wśród tych ostatnich są właśnie cięcia wprowadzone przez prezydenta...
On July 13, Senate Minority Leader Mitch McConnell, R-Kentucky, asserted that there was no net revenue loss from any of the Bush tax cuts, in defense of an earlier comment by Senator John Kyl, R-Arizona, that all spending...
- Financial markets are forcing governments to respond more quickly and correct their gravest mistakes. The politicians do not like it a bit. So why not to try to blame rich speculators - prof. Reuven Brenner comments on...
Tak uważają menedżerowie i ekonomiści największych funduszy inwestujących w rządowe obligacje: PIMCO Anthony Crescenzi, Bill Gross, a także analityk Moody`s Steven A. Hess. Wszyscy zgodnie oświadczyli na Investment...
It’s been nearly a decade since film director Ridley Scott’s Oscar-winning epic, „Gladiator” appeared in theatres to considerable acclaim in Europe and the U.S. The movie is partly fictional, but the part...