The Biden administration seeks to form an international agreement to establish a global minimum corporate tax at 15%. According to CNN, 132 nations back the proposal, but some notable holdouts including Ireland, block the way. The EU needs to vote unanimously to pass the proposal, so as long Ireland opposes it, there’s no deal. Over […]
Archives
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Don’t Tax Me! I’m Irish!
25 Jul 2021
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The Perfect Time to De-Tariff
24 May 2021
The other day I read a Wall Street Journal piece about EU tariffs on U.S. goods that (thankfully) never came to be. It reminded me about the Trump administration’s departure from U.S. policy for the last few decades which generally aimed to increase free trade. The Biden administration has yet to make any strong changes […]
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I Don’t Want To Play Your Zero Sum Game
08 Apr 2021
You don’t have to care about Marvel movies to understand this post, but my wife and I were watching Falcon and The Winter Soldier last week, and something hit me the wrong way. The group of terrorists The Falcon is trying to stop believed the world was better off after Thanos snapped half of all […]
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Bing’s Big Day
22 Oct 2020
I’m sure no one was surprised by the DOJ’s antitrust lawsuit against Google. Someone who handles over 80% of domestic internet queries is definitely a monopoly, right?! Even better, Chrome controls about 70% of global browser traffic, 85% of the world’s smartphones run on Android, and Google receives 63% of search engine ad revenue in […]
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If it’s indeed “the economy stupid,” its hard for me to see anything that derails his reelection, and that likely convincingly (especially if the nominee is Elizabeth Warren or Bernie Sanders). The yawning drama of the impeachment may have something to say about it of course. But I doubt it. The predetermined impeachment is simply […]
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It used to be possible to say something of the effect, “be wary of Republicans when they don’t do what they say they believe in, be wary of Democrats when they do do what they believe in.” Democrats may have had good intentions, but their policy prescriptions were generally in the wrong direction (certainly economically). […]
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Hubris. Will it cost Mr. Trump a 2nd term?
26 Aug 2019
Hubris is defined by wikipedia as “a personality quality of extreme or foolish pride or dangerous overconfidence, often in combination with arrogance.” Most of the people I know have a bit of a problem with pride and arrogance, especially including the guy I see in the mirror. But most people try to keep that under […]
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Trump, the Fed and Recession?
20 Aug 2019
Mr. Trump is increasingly worried about the economy as he rolls into his 2020 reelection campaign, as he should be–it will likely determine his victory or defeat. To his political credit, he has so successfully enraged his Democratic opposition that they seem determined to be against anything he might say, and his very victory has […]
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Markets continue to remain volatile from the Trumpian Trade Tirades, as well as his monetary grievance tweets. These problems are not unrelated, although we’ll only get to the former in this post. In today’s headlines, Peter Navarro, Mr. Trump’s pro-trade war economist (yes you can find an economist somewhere for almost any position you want […]
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The Mailbag! – Vol. 28
03 Jun 2019
Matt’s Marvelous Mailbag seeks to provide marginally adequate answers to much better questions about politics, economics, social life, theology, or any potpourri you see fit to have answered. Send questions to mailbag.bereans@gmail.com. So there I was, checking the mailbag and wondering to myself if anyone was going to send something in for this week, when […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach