The migratory habits of rich people make a difference in the global economy.
Daily Analysis
The Boring but Important Topic of Carry Forwards and Net Operating Losses
How should we account for business losses?
Taxes and Growth
A new paper finds very strong results.
Seattle Suicide
Is Seattle the most poorly governed city in the United States?
Wealth Tax and Coronavirus
In a normal economy a wealth tax would be a mistake. Now it would be catastrophic.
The Worst Coronavirus Policy Proposal: Restoring the Deduction for State and Local Tax Payments
The federal tax code should not subsidize politicians from high-tax states.
Washington’s Counterproductive Attack on Stock Buybacks
There’s a bipartisan effort to ban the practice.
Economic Lessons from Coronavirus: Government-Subsidized Private Debt Creates Macro Vulnerability
The “unexploded bomb” has detonated.
Instead of Stabilizing National Finances, Tax Increases Would Hasten America’s Budgetary Decline
There are plenty of cheerleaders for a bigger welfare state.
The VAT Anchor on Japan’s Economy
Japan’s politicians didn’t learn from their mistake.