In the last few years, globalisation has come under renewed attack. Some of the criticisms may be misplaced but one is spot on: globalisation has enabled large multinationals, such as Apple, Google and Starbucks, to avoid paying tax. Apple has become the poster child for corporate tax avoidance, with its
Wojciech Kopczuk, a Columbia University professor of economics, estimated that the Sanders plan would capture money from 8,000 estates per year that currently owe no estate taxes. Mr. Sanders would also eliminate dynasty trusts, which allow families to shelter colossal holdings from taxes as they pass from one generation to
Joseph Stiglitz Quoted in Washington Post Piece Examining Disparities in Land Value Across the US
After the New England Patriots beat the Kansas City Chiefs, fans flipped out about NFL overtime rules. Is a coin toss really the best way?
S.A.S. Prince Albert II recently visited the Institut de France, in Paris, to attend the reception of Pierre-André Chiappori at the the Academy of Moral and Political Sciences. During this solemn ceremony, a laudatory speech to trace his exemplary career was pronounded by the Sovereign Prince, who gave him the
Economist Jeffrey Sachs published an opinion piece in The Hill urging diplomatic solutions and arguing against the use of sanctions in the quest for peace in the Syrian conflict.
What she’s [Cortez] saying is that people who make the most should be contributing far more to tax revenue, not that all $10 million should be taxed. “These are tax rates that are supposed to apply to very, very high incomes only,” economist and Columbia University professor Wojtek Kopczuk told
Most Americans cannot afford to miss a paycheck, said Joseph Stiglitz, an economics professor at Columbia University whose work relating to inequality earned him the Nobel Memorial Prize in Economics. While everyone tends to have a house, car, health insurance and car payment to make, the person they owe money
Health care must be a priority, says Sachs. We could emulate Canada or Australia by adopting a single-payer system. Sachs also recommends empowering workers to organize, providing better school-to-work transition programs (e.g., Germany’s apprenticeship model), and overhauling the economics of higher education so they don’t constrain the choices of future
“India is a country that is very vulnerable to the fallout to the readjustment of global interest rates,” says Joseph E. Stiglitz, a Nobel laureate economist at Columbia University in New York, and a former chief economist at the World Bank.