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Tax Tricks And Globalization
Globalization offers companies many ways to boost profits at the public expense. A case in point: they can use differences in national tax laws to slash their taxes. Google, Apple, and Microsoft are...
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Job Creators No More
Corporate profits as a share of GDP are way up. This is supposed to be good for all of us—higher profits, we are told, means greater investment and job creation. Unfortunately, this is not what is...
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The Way Forward
Floyd Norris, writing in the New York Times, summarizes key economic trends as follows: Corporate profits are at their highest level in at least 85 years. Employee compensation is at the lowest level...
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The Student Debt Squeeze
Student debt is a major and growing problem for young people, their families, and our economy. Despite the fact that everyone knows this, it keeps getting worse. According to the Wall Street Journal,...
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The No-Raise Expansion
Our current economic expansion is now past the five year mark and the gains for most working people are hard to find. Media attention has largely focused on the weak record of job creation. Less...
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Victory in Greece
Syriza won the Greek election and its leader, Alexis Tsipras, is now prime minister—the Greek people showed bravery and intelligence and we should be studying as well as supporting the efforts of...
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Greece Versus The Troika
“Reports From The Economic Front” is moving. For a short time it will appear at both its current location and future home. Still working on the email subscription function. The Greek drama continues...
View ArticleA Test Of Power in Brussels
“Reports From The Economic Front” is moving. For a short time it will appear at both its current location and future home. There is a lot to learn from the standoff in Brussels between Syriza and the...
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Victory: Greece Over The Troika
“Reports From The Economic Front” will soon be moving to its future home. It seems certain that the political economy textbooks of the future will include a chapter on the experience of Greece in 2015....
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Lessons From A Defeat In Europe
Reports From The Economic Front will soon be moving to its new location. The Troika are celebrating the end of negotiations with Greece, proclaiming that thanks to their tireless efforts the Eurozone...
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