EconoMonitor

Ed Dolan's Econ Blog

Category Archive: Uncategorized

  • Promises of Corporate Tax Reform are Forgotten as Obama Wages War on Inversions

    The Obama administration has taken off the gloves in its war on runaway corporations. On April 4, the Treasury released a new set of rules designed to curb “inversions,” a strategy in which a US company cuts its corporate tax burden by merging with a foreign company and moving its official tax residence out of […]

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  • Sanders is Right, the US Needs a Healthcare System More Like Those in Europe

    An updated version of this post is available here. Presidential candidate Bernie Sanders has reopened the healthcare debate by urging America to adopt a system more like that of other wealthy countries. “The United States is the only major country on earth that doesn’t guarantee health care to all people,” he says, “And we end […]

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  • The Case for Breaking Up Too-Big-To-Fail Banks

    The presidential campaign has brought new attention to the problem of banks that are too big to fail (TBTF). As everyone agrees, the largest banks are bigger than ever. As the following chart shows, the share of all bank assets held by the four largest banks rose from 33 percent in 2007 to 41 percent […]

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  • How Is Inequality Linked to Climate Change, and What to Do About It?

    Progressives see climate change and economic inequality as two of the big problems of our time. As the global aid organization Oxfam points out in a recent media briefing paper, “Extreme Carbon Inequality,” the two are “inextricably linked.” But just what is the nature of the linkage? Does inequality cause climate change? Does climate change […]

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  • Russian Crisis Hits Latvia, but (So Far) Not as Badly as Feared

    From the beginning, it was clear that the economic crisis in Russia would pose multiple problems for Latvia and its Baltic neighbors. Until recently, many businesspeople in Latvia had seen close trade, transportation, and financial linkages as strengths that allowed their country to serve as Russia’s economic portal to the EU. Since the middle of […]

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  • Why Should Europe (or Anyone Else) Fear Deflation?

    This is the first of a two-part series on deflation, which continues with “Five Reasons Not to Fear Inflation: Which Ones Make Sense?” This additional post updates the euro deflation story through December 2014 and discusses the impact of oil prices on deflation in Europe. Europe is fearful as it teeters on the brink of […]

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  • The Economic Future (if Any) of “Novorossiya”

    Last May, I posted an item on the economic situation in the rebellious regions of Eastern Ukraine, or “Novorossiya” (New Russia), to use the term increasingly favored by separatists and  their Russian sponsors. Novorossiya was the name of a province of Tsarist Russia that occupied much of the southern part of present-day Ukraine, stretching all […]

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  • From Chronic Shortage to Looming Surplus: The Economics of the Blood Market

    A market for blood? Many Americans, used to being rewarded for a donation with a warm feeling of public service rather than cold cash, might see the idea as offensive. “I would guess 99 percent of people don’t know that blood is sold,” says Ben Bowman, CEO of General Blood, a national blood brokerage firm, […]

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  • A Universal Basic Income and Work Incentives. Part 1: Theory

    Everywhere you look, it seems, people are talking about a Universal Basic Income (UBI)—a monthly cash benefit paid to every citizen that would replace the existing means-tested welfare system. Supporters maintain that a UBI would not only provide income support to people in need, but would also increase work incentives. That is because, unlike the […]

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  • Good Economic Research Needs Good Translation to Have Any Real Impact on Policy

    Recently Bill Gardner, a contributor to the healthcare policy blog The Incidental Economist, posted a piece titled “Disseminating Research: Translators Needed.” His comments are relevant to economics in general, not just healthcare policy. I would like to pass them along and add some of my own. Gardner writes: Most research papers are rarely read, few […]

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