New Orleans For years, economists and policymakers have written and spoken about generational wealth and the huge transfer that is happening now. For all of the talk, governments don’t really publish statistics about inheritance, so what is the happening? Some time ago, The Economist took a shot at figuring out the “annual inheritance …
Category: Economics
Imperiled Remittances Sustain Economies
Marble Falls As Trump continues to push globalization into the dustbin of history, it’s worth looking at the intended and unintended impacts of remittances around the world. Some may remember that one of Trump’s proposals in trying to attack immigration and migrant workers is to propose a transaction tax on remittances flowing from …
Trump and His Tariffs Can’t Win Against Inflation
New Orleans Inflation is starting to edge forward in the United States. For the White House, that will mean finger pointing and bully pulpit time once again, as Trump tries to divert attention away from his on-again-off-again tariff tantrums. In some fever dream, he thinks he can blame it on the head of …