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One more time credit rating agencies show their incompetence
"Bottom line, credit risk is remotely remote. You have more chance to be hit by lightening twice during your life than to experience a default of dollar-denominated sovereign US debt. The only really...
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The Corporate Income Tax: An Entrepreneurial Perspective
"While corporate income taxation is a major issue in the debate over international finance, economic theory has no clear stance on who bears its burden. On balance, economists seem still more prone to...
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Before You Bemoan Free Trade Agreements
Interesting stuff from Scott Linciome’s blog. Based on Census Bureau statistics: the United States actually ran a trade surplus in services with China (and many other countries) in 2010 and has been a...
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Teaching The Fallacy of Composition: The Federal Budget Deficit
Teaching The Fallacy of Composition: The Federal Budget Deficit A well known MMT Primer on government deficits. http://www.cfeps.org/pubs/pn-pdf/PolicyNote2006-1.pdf added by: ze ze posted Teaching...
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Do trees cause global warming? (more Republican insanity)
Looking for a solution to global warming? Maybe start clear-cutting many of the world's forests, Rep. Dana Rohrabacher says. The chairman of the House Foreign Affairs oversight subcommittee made it...
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