Thomas Piketty calls for an annual wealth tax, in addition to a progressive income tax and inehritance tax. Not only in the USA, but in Europe as well.
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Economics
The EU’s Not So V-Recovery: Industrial production down by 0.4% in euro area and unchanged in EU
And this was before the second wave Read here
Economics
Bill Mitchell: ECB estimates suggest meeting current challenges will be impossible within fiscal rule space
While the ECB paper does not exactly state the obvious the meaning is clear – even to get within a ballpark of what is required will require substantial austerity being imposed on areas of expenditure […]
Economics
BBC: UK inflation: Food costs push price rises to new 40-year high
Soaring food costs have pushed UK inflation into double digits for the first time since 1982, with prices continuing to rise at their fastest rate for more than 40 years. Read Here Photo: Danrok licensed […]
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