An Open Market on Economics

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Mongrel
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Re: An Open Market on Economics

Postby Mongrel » Fri Sep 22, 2017 11:33 am

Yeah, it's a story about how Equifax is so incompetent they couldn't even direct people to the right URL.
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Thad
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Re: An Open Market on Economics

Postby Thad » Fri Sep 22, 2017 11:54 am

Because the domain they registered was terrible.

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Mongrel
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Re: An Open Market on Economics

Postby Mongrel » Fri Oct 06, 2017 8:16 pm

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Mongrel
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Re: An Open Market on Economics

Postby Mongrel » Wed Nov 01, 2017 12:06 pm

CEPR.net: Republicans plan to reduce or eliminate taxes on the corporate income of US companies abroad

"the reports to date have said the Republicans want to shift to a territorial tax under which companies don't pay U.S. tax on their foreign profits. If this is true, their proposal will increase the incentive to shift operations overseas, or at least to have their profits appear to come from overseas operations."

"We should also be asking about the burden the government creates by granting patent and copyright monopolies. This presently comes to close to $370 billion annually (more than twice the debt service burden) in the case of prescription drugs alone. This is the gap between what we pay for drugs, currently around $450 billion a year, and the price that would exist in a free market without patents and related protections, which would likely be less than $80 billion. The full cost of these protections in all areas is almost certainly at least twice the cost incurred in prescription drugs."
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