Category Archives: Economics

China and the United States

“Biden describes the China challenge as a global, ideological struggle between democracies and autocracies…. Any event from the pandemic to the Olympics will occasion commentary, particularly in the United States, of who “won,” China or America, and what it means for the epic struggle for … Continue reading

Posted in China, Foreign policy, trade | Tagged , , , , , , , | 2 Comments

Econ 101: Tony Judt on Trade

I just finished listening to the Audible version of Thinking the Twentieth Century, a discussion between Tony Judt and Timothy Snyder, recorded just before Judt died in 2010. Judt was a British-American historian, essayist and university professor who specialized in European … Continue reading

Posted in China, trade | Tagged , , , | 6 Comments

A shift in monetary regimes?

By Warren Coats[1] This Sunday, August 15, is the 50th anniversary of President Richard Nixon’s closing of the gold window as part of the “Nixon Shock.” “Fifty years later Nixon’s August surprise still reverberates”  He announced on that day that … Continue reading

Posted in Debt, Money | Tagged , , , , , , , , , , | 4 Comments

Eviction Moratorium

Many people who lost their jobs because of Covid are not able to pay their rent until they return to work. What should we do about it?  Most landlords will work out an arrangement for deferred rent with tenants that … Continue reading

Posted in regulation, taxes | Tagged , , , , | 2 Comments

Bitcoin Excitement

Interest in bitcoin is growing. Its promotors are generally good guys wanting to provide the world a better payment system. Its users are often bad guys happy to move their ill gotten money pseudo anonymously (though the Feds tracked down … Continue reading

Posted in Money | Tagged , , , , , | Leave a comment

Compromise

We are a country of citizens with a range of views on how our community should guide and regulate our interactions. But we are all anchored in our commitment to our Constitution and its Bill of Rights. What is the … Continue reading

Posted in Economics, regulation | Tagged , , , , | Leave a comment

The Corporate Income Tax

Should the U.S. Corporate Income Tax be increased from its current 21% (plus state corporate income taxes that average about 5%) back to 28%? No, it should be reduced to zero. The corporate income tax should be abolished. Only people … Continue reading

Posted in Economics, taxes | Tagged , , , , , | 2 Comments

Vaccine Passports

Discussions of the pros and cons of mandated lock downs to stop (or slow) the spread of Covid-19 often miss the most important point. The key factor in restraining the spread of a contagious disease (beyond vaccines, basic public health … Continue reading

Posted in Healthcare, regulation | Tagged , , , , , | 2 Comments

A New SDR Allocation

On March 23, the Managing Director of the International Monetary Fund, Kristalina Georgieva, reported that: “I am very encouraged by initial discussions on a possible SDR allocation of US$650 billion. By addressing the long-term global need for reserve assets, a … Continue reading

Posted in Economics, Money | Tagged , , , , , | 2 Comments

Should you get vaccinated for Covid-19?

“A CBS/YouGov poll released this weekend found 33 percent of GOP voters say they will not get the vaccine when it’s available to them. Another 20 percent say they aren’t sure.” “The-daily-202”  After being thoroughly satisfied that Moderna was safe and … Continue reading

Posted in Healthcare | Tagged , , , , | 1 Comment