Pearl River Every once in a while, in trying to understand oppositional arguments from conservative economists, I try to wrap my head around their arguments. This is especially hard these days in the US in the middle of the governmental shutdown, which of course is less about economics than it is about power, the …
Category: Economics
Wealth Inheritance
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 …
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 …