In the conservative debate on tax policy, both sides should agree to repeal tax provisions that hurt manufacturers.
On the menu today: the death tax’s (possible) new scythe, vaccines and the EU’s lethal central-planning fail, Merkel/Brezhnev, credit-market Jenga, lost Bitcoin/found Keynes.
Measured by Purchasing Power Parity, inflation rates in Argentina are even higher than the official figures.
It’s hard to argue that this hike has more than a tangential relationship to the problems caused by the pandemic.
On the menu today: Biden’s economic plan, Yellen’s debt dilemma, and deficits in a zero-interest-rate world.
Even in its dubious goal of increasing taxes, Obamacare fell short.
Biden’s grand plan, China’s grand plan, the regulators’ grand plans, and more.
He wants to throw $2 trillion at everyone in sight.
Price-level targeting would be more effective than average inflation targeting.
On the menu today: a new social-network protocol, Jim Simons retires, Tesla in China, and the Twitter activist campaign that wasn’t.