In edition 70 of the Taxcast we look at the booming business of passports and residency for sale, and why it should worry us all. Also:
even the IMF now advocates wealth taxes to combat inequality, yet governments around the world – most recently President Macron of France – are going in the opposite direction despite all the evidence that it’s a bad idea
we discuss how Russia and the US are now world leaders in inequality
and good news – the European Commission has ordered Luxembourg to claim back $293 million in taxes from Amazon in another ruling on illegal state aid.
Few people saw the Global Financial Crisis coming. Steve Keen was one of them. He is a ferocious critic of the neoclassical school of economics, which continues to dictate thinking within governments, universities and the […]
Michael delves into the history of debt and its role in our ever-changing economic structure. He references classical economists like Smith, Mills, Ricardo, and Marx, with their concept of economic rent as unearned income. They […]
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