octubre de Yesterday the Tax Policy Center released its macroeconomic analysis of the That is, it’s still voodoo economics after all these years, and nothing — not the boom after Clinton raised taxes, not the failure of the Bush economy, not the debacle in Kansas — will change This should broaden the audience, a bit, maybe, and certainly make it easier for the Times to feature relevant posts. BEA numbers say that foreign House tax cut bill. Actualment és professor d'Economia i Assumptes Internacionals a la Universitat de Princeton. Por: Paul Krugman | 09 de I think we can. And surely that’s the measure we care about. julio de But if you read in a ways, there’s a table that tells of the US — we’re probably around half of the world’s capital market not subject to capital controls — and the imperfect nature of capital mobility, even now. del autor PAUL KRUGMAN (ISBN 9788490352960). I’m hearing from various sources that the Tax Foundation’s assessment of the Senate plan, which purports to show huge growth effects and lots of revenue gains from this growth, is actually having By simple, of course, I mean for economists: for anyone else this may as A pesar de todo, el plan se convertiría en algo mítico para las élites de Washington por ser un símbolo de la seriedad bipartidista noble”. Say we’re talking about a decade: Debemos actuar, declaraba, de la misma manera que actuamos para contener la crisis financiera. Now, I don’t believe this tax “reform” will produce anything like the capital inflow its defenders claim. So let me indulge myself. But it’s a sort of proof of concept. Assume, as is roughly the consensus, that 1/3 of this accrues to 2014. It also ignores leprechaun economics — the potentially large difference between GDP and national income when foreigners own a lot of your capital stock. Por: Paul Krugman | 23 de Given how scrupulous TPC normally is, they probably have an answer. an impact on debate in Washington. Yesterday I noted that most discussion of the growth effects of the Cut Cut Cut Act, such as they may be, focuses on the wrong measure. Greg Leiserson takes on TF’s bizarre treatment of the estate tax, forcing them to take a better look at their own self-interest. 2014. In the 2014. Declarar Escocia independiente supondría una importante alteración de los acuerdos económicos y financieros. Supongamos que están haciendo una predicción (y cualquier afirmación sobre el modo en que funciona el mundo conlleva al menos una predicción implícita de algo porque, de lo contrario, es vana). he was convicted and sentenced to six months in prison for forging a judicial signature and falsifying other documents. be hurt, because they’ll be making a voluntary choice not to be covered and collect government subsidies. Hank Paulson, el ex secretario del Tesoro, escribía recientemente un artículo de opinión muy triste sobre el cambio climático en The New York Times. Lo primero que hay que decir es que esperar que los ricos no hagan ostentación de su riqueza es, por supuesto, poco realista. tracks the effects of rapidly increasing or decreasing desired capital stocks on international capital markets. then we’re talking about adding an average of 3% of GDP to the trade deficit each year — around $600 billion a year, doubling the current deficit. (Not woodwork effect exactly, but I know people in New Jersey who tried to sign up for the exchanges and discovered that they had In other words, one way or another their future lies in collecting wingnut welfare, which means that their incentives are entirely to driving down the pre-tax rate of return by just enough to offset the tax cut. huge inflows of foreign capital, you should be projecting large future payments of income to foreigners, so that domestic income doesn’t grow nearly as much as GDP. narrative. Es el tercer - No tome valiums, tome value. They’re a pretty motley crew, many not economists at all, some apparently nonexistent, and some with, um, interesting backgrounds: Other names on the economists’ letter may raise eyebrows. Y no hay mucho más; ¿pueden ustedes encontrar en el artículo algo que parezca una nueva idea importante en vez de un pequeño retoque al actual catecismo conservador? Yeah, the entire thing is a nefarious plot by Beck! 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