Archive for the ‘New Posts’ Category

Are you Inky or Blotchy?

April 15th, 2016

By now you’ve hopefully heard the amazing story of Inky, the escape-artist octopus from New Zealand. From this AMs WaPo: By the time the staff at New Zealand’s National Aquarium noticed that he was missing, telltale suction cup prints were the main clue to an easily solved mystery. Inky had said see ya to his tank-mate, slipped through a gap left… Read more

Two tax points: Why is the biz code still a mess and why are we still arguing about trickle-down?

April 13th, 2016

1) Our duct-taped tax code This WaPo editorial provides a clear and efficient explanation of the inversion problem, where a US company basically moves its tax mailbox, as opposed to its operations, to a low-tax country. The ed board argues that the villain here is neither the Obama administration’s Treasury Dept nor the companies. The… Read more

Former Federal Reserve economist Andy Levin proposes some smart Fed reforms

April 12th, 2016

At a time when many of our key institutions, especially government, are failing us, the Federal Reserve stands out as a highly functional establishment. Their insulation from overt political pressures helps a great deal, and while almost everyone, myself included, disagrees with some of their decisions, the central bank efficiently and effectively practices monetary policy… Read more

Bernie v. Jeffrey

April 8th, 2016

Bernie Sanders and Jeffrey Immelt had a bit of a dustup over the past couple of days. For the details, links, and some really trenchant analysis, see Jeff Spross here. Basically, Sanders went after GE as a bad corporate actor, a serial tax avoider, and an outsourcer. He said something about the firm eroding “the… Read more