New Orleans I badly want to say that there is finally progress in the United States on remittances, which are financial transfers from immigrant families, migrant workers, and others to their families and communities back in their home countries. The Wall Street Journal reported that the volume of money being remitted has in fact gone …
Tag: elizabeth warren
Toil Index and Tax Credits for Home Ownership
Robert Schiller from Yale gave props to Richard Green of USC for his recommendation that there be a targeted tax credit to encourage homeownership. Green and Andrew Reschovsky of Wisconsin have studied the data closely are clear that the real benefit of existing tax policy allowing a standard deduction for interest on mortgages is for …
Elizabeth Warren Can Work on the Outside
New Orleans Finally to the surprise of no one, President Obama whispered over the weekend that he would not be appointing Professor Elizabeth Warren to run the newly created Consumer Financial Protection Bureau. Someone will do the job, and if Warren has spent her last year in the setup profitably, it would seem …