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The Minimum Wage Controversy
Why has the economic research of the last few decades had a hard time getting a firm handle on the the effects of minimum wages?
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Many economists point out to the “abnormal” rise in savings as a bullish signal that will drive a stronger recovery and a consumption boom.
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What Gets Counted When Measuring US Tax Progressivity
The "progressivity" of a tax refers to whether those with higher incomes pay a higher share of income in taxes than those with lower incomes. The federal income tax is progressive in this sense.
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Our world cannot afford a lost decade after the Covid-19 pandemic.
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Negative Rates Are Coming to the UK and How to Protect Your Savings
Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists who start from a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose to save too much and therefore saving must be penalized to stimulate the economy. Excuse the bluntness, but it is a ludicrous idea.
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