Private Equity’s Profit Charade
Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
Latest news (Page 50)
Dutch King Declares End of Welfare State
When we found out (hat-tip Seth G.) that Willem-Alexander, king of Holland since only April 30 of this year, had
Taxing Carbon is Like Taxing Diamonds
To reduce carbon emissions, we must tax fossil fuels—but, say the pundits, we can’t do so because the
Annual Labor Issue Posted
We are finally done (mostly) with our September/October issue. (We won't be sending it to e-subscribers until
Commemorating Chile’s Unidad Popular
Today, many Chileans—and many sympathizers from around the world—will commemorate and mourn the 40th anniversary of the 1973
Labor Day Roundup
A few links for Labor Day (but for the real labor day, see our May Day post): * Look for the
Our Triple Jobs Problem
If you hear somebody talking about the U.S. "jobs problem," ask them which one they mean. Let&
King, Where Are Your People Now
. (1) March on Washington anniversary: A few items on today's 50th anniversary of the 1963 March on Washington
Quick Links
A few quick links before the weekend: * The New York Times had a good piece by Steven Greenhouse on the
How a Progressive Tax System Made Detroit a Powerhouse (and Could Again)
In 1995, we encountered a group of economic advisors to Governor John Engler of Michigan, intent on cutting property taxes.