Lessons from the Great Depression, William Watson is comparing the current recession with the time frame between 1939 and 1940. This is when Britain and France had declared war on Germany after its invasion of Poland. However, no real hostilities to Continue Reading...
But this does not mean it is fair to ignore how many fragile emerging economies, such as Iceland, Ireland, and Greece, have been suffering far worse turmoil than either the U.S. Or Canada today. Regarding the worries about the 'jobless recovery,' Wa Continue Reading...
As Geisel (2004) notes: Income-tax deductions are worth the most to high-bracket taxpayers, who need little incentive to save, whereas the lowest-paid third of workers, whose tax burden consists primarily of the Social Security payroll tax (and who Continue Reading...
