A word about taxes and capitalism
why the Buffet Rule may be important to our future.
Topic archive
Economy
Articles on jobs, wages, inequality, recession risk, inflation, public debt, taxes, and broad economic policy.
America's Lower Tax Revenue
As we talk about spiraling deficits, we should discuss what has changed that brought about the deficit.
Are Chinese Households Still Great Savers? China vs. U.S. Household Debt After the Property Bubble
China is still known for high household saving, but household debt has risen fast. A comparison with U.S. household debt shows how China moved from low leverage to a property-debt hangover while American households deleveraged after 2008.
Austerity Stimulated Growth?
It's kind of a crazy idea from the start
Can China Replace the Dollar? How the Yuan Challenge Is Really Going
China wants more trade, reserves, and payment infrastructure to move through the yuan. The yuan is gaining ground around China-linked trade, but the dollar still dominates reserves, payments, FX trading, and trade finance.
Charts About Inequality
Charts About Inequality
Corporate Profits and Unemployment
From the St Louis Fed
Cutting Government Spending Cuts Growth
Simple arithmetic we must all consider before supporting austerity measures in America.
Debt Ceiling Profits
By controlling a small band of Tea Party Representatives
Elizabeth Warren on Debt and the Social Contract
Well spoken
End of Growth?
There could be some natural limits
Fair Tax Scam
Why the Fair Tax proposal is a scam
Federal Debt and Tax Brackets
Quite a relationship
From Housing-Crisis Hangover to High-Rate Debt: Inflation and the National Debt in 2026
A 2026 update on inflation and the national debt, comparing the low-rate housing-crisis aftermath with today's higher-rate, higher-debt economy.
Game Theory and the Triumph of Capitalism
When you look at Capitalism you can't help but look at Game Theory. Players can come to dominate the game. Then the idea that capitalism always achieves maximum gain becomes invalid. There is a role of governments to regulate and adjudicate the game. That is not Socialism, but rather makes the "triumph of capitalism" possible.
Good Inflation?
Is there such a thing? Looking and inflation and deflation in our economy
Government Job Losses
Half a million in two years.
Great Description of the World Financial Crisis
Read this one a couple of times.
Greece Exit Doom and Gloom
Will it really happen?
Housing Starts and Recessions
They go together