Category Archives: Economics
Vacant Homes Are A Global Epidemic, And Paris Is Fighting It With A 60% Tax
Paris’ 107,000 empty homes might seem like a lot, but it’s becoming strangely normal around the world. New York City had a whopping 318,831 vacant units in 2015. It’s a hot topic in Sydney, where 118,499 vacant units were counted … Continue reading
Posted in Economics
Tagged real estate
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Trump Carrier Bailout – Economically Unsound
But in the matter of industry-specific or firm-specific tax benefits of the sort extended to Carrier in Indiana, they do not have a leg to stand on. These are straight-up corporate welfare, ethically and fiscally indistinguishable from shipping containers full … Continue reading
Black Friday’s Guesswork Gloom
How did we get these numbers, which almost by definition are wrong? It is a combination of a retail trade group that cares little for accurate economic data, a terrible survey methodology and a naive and lazy news media, which … Continue reading
American drug companies don’t want to pay US taxes—but they want global customers to pay US drug prices
So who is fighting for the right of pharmaceutical companies to sell their wares at their prices, wherever on earth? Why, that same Uncle Sam that companies are avoiding paying taxes to: The Obama administration is negotiating the Trans-Pacific Partnership, … Continue reading
Amazon: malignant monopoly, or just plain evil?
Amazon’s strategy (as I noted in 2012) is to squat on the distribution channel, artificially subsidize the price of ebooks (“dumping” or predatory pricing) to get consumers hooked, rely on DRM on the walled garden of the Kindle store to … Continue reading