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The results showed 79% of those who voted in Sunday’s national referendum backed raising the country’s business tax to the 15% global minimum rate from the current average minimum of 11%, while 59% supported the […]
Modern supply-side economics and the New Washington Consensus are models, not for better economies and environment for the world, but for a new global strategy to sustain US capitalism at home and US imperialism abroad […]
When you hold dollars, you lend money to the U.S. government to encircle you militarily, have the money to engage in military confrontation with you, and have the money to threaten you not to do […]
Almost all of us spend more on paying tax than we do on anything else in life. That fact alone makes it staggering to me that so few people understand what tax really is, or […]
When borrowing approaches any ceiling, the policy choices are these three: raise the ceiling (to borrow more), raise taxes, or cut spending. Of course, combinations of them would also be possible. Politicians, the mainstream media, […]
Let’s celebrate. The American Economic Association (AEA), the main professional organisation for economists in the United States, has just awarded the Clark Medal to Gabriel Zucman for his work on the concentration of wealth and […]
The dangers of a trillion-dollar industry that hardly anyone understands Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division Interview by Lynn Parramore Cross-posted […]
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the […]
Why is an infamous corporate tax haven so keen to introduce new international rules supposed to stop the race to the bottom? Dominik Gross is senior policy officer for tax and finance policies at Alliance […]
RADHIKA DESAI: Hi everyone. Welcome to the fifth Geopolitical Economy Hour, the fortnightly show about the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: So […]
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