Finance
The Corporate Income Tax And True Costs
The Atlantic featured a series of short “how to fix the world” focused pieces in the July/August issue. Among the ideas, which included such things as rejecting the Department of Homeland Security, revoking the vice presidency and rewriting drinking laws, was a piece by Megan McArdle, the magazine’s business and economics editor.
In “End the Corporate [...]
Glenn Beck: It’s Past Time to Tighten the Belt
CNN talker and radio personality Glenn Beck writes today on “the $53 trillion asteroid” that, according to U.S. Treasury Secretary Henry Paulson, “threatens to destroy America’s future prosperity.” The impact of this “asteroid”, Beck warns, is almost beyond comprehension.
Let me give you three numbers that will put this economic asteroid into perspective: $200 billion, $14.1 [...]
When You’re $9 Trillion in Debt, Why Not Keep Borrowing?
That seems to be the mentality of the federal government these days. With fears of a recession looming, Boston Globe columnist Jeff Jacoby nicely sums up the problem with the “temporary tax credit” cure all being pushed by everyone from President Bush to Senator Hillary Clinton. Jacoby’s indictment is a stunning one, but his points [...]
Business Week: ‘Africa Wants Opportunities, Not Handouts’
I came across a superb article in Business Week today written by Nicholas Donofrio, an executive vice-president for IBM, who does a good job of explaining what African nations need in order to turn themselves around and conquer their almost perpetually decimated economies.
Africa Wants Opportunities, Not Handouts – Anyone looking into the economic future of [...]
