December 1, 2020

The Best Choice for the US Economy

The American presidential election was really about choosing the lesser of two evils. The combination of Biden as president and a Republican majority in the Senate may very well end up being the best possible political outcome – not just for the US but also the rest of us.
June 19, 2020

The Fake American Stimulation: an Economic Analysis of Coronavirus Aid, Relief, and Economic Security (Cares) Act

We almost pity American federal and state elected officials for having to deal with the situation caused by COVID-19. Overnight, social media users have become self-proclaimed epidemiologists, but it remains difficult to judge whether the measures taken by states and the federal government are too little too late or the right response to a health crisis. In some ways, it is tempting to favour the federal responses to the economic crisis as the circumstances are unlike those of previous crises.
November 20, 2015

Governments Should Undertake Their Own Corporate Tax Inversions

The U.S. Treasury has announced measures to prevent American companies from merging with foreign firms and shifting their tax domicile in the process, a practice known as a tax inversion (where the primary aim of the shift is to lower the merged firms’ tax liability).