Recent Posts

Central banks aren’t the only ones goosing growth

The case of the missing inflation is unresolved, but the fiscal file may have been solved. Good news: The victim is still alive and might start kicking as well. Fiscal policy is shaping up for a good 2018. The impetus mostly takes the form of tax cuts, and is coming from Asia, Europe and the US. We have grown so ...

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Why a social wealth fund is a good idea

Matt Bruenig of the People’s Policy Project recently wrote an article in The New York Times suggesting a policy idea that seems extremely promising and woefully overlooked. That idea is what Bruenig calls a social wealth fund—a government-owned portfolio of stocks, bonds and real estate whose dividends would be paid out directly to the citizenry. This is similar to what ...

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Carmakers steer past ‘patent wars’

Bloomberg As automakers turn their vehicles into app-laden computers on wheels, there’s one habit they don’t want to acquire from Silicon Valley: fighting over patents in court. Manufacturers from BMW AG to Hyundai Motor Co. to Ford Motor Co. are trying to learn from the smartphone wars, which cost technology companies hundreds of millions of dollars in legal fees, as ...

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