The World Bank’s Chief Economist Says What the Problem Is

I don’t often read what Paul Mason writes, but a recent essay at https://www.theguardian.com/commentisfree/2016/sep/19/its-time-to-junk-the-flawed-economic-models-that-make-the-world-a-dangerous-place  points to an interesting draft paper by Paul Romer, The Trouble With Macroeconomics  https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf . Romer is an academic economist and sometime entrepreneur who is now Chief Economist… Read moreThe World Bank’s Chief Economist Says What the Problem Is

Apple and Corporation Tax

Apple CEO Tim Cook gave an interview to The Irish Independent newspaper about the European Commission’s (hereafter EComm) finding that Apple’s tax arrangements in Ireland contravene EU law on state subsidies, and therefore some retropayment of tax is appropriate http://www.independent.ie/business/irish/no-one-did-anything-wrong-here-and-ireland-is-being-picked-on-it-is-total-political-crap-35012145.html The… Read moreApple and Corporation Tax

Improper Behaviour in the EC

The Guardian at http://www.theguardian.com/politics/2016/jun/29/eu-leaders-begin-summit-talks-without-uk-for-first-time is reporting that European commission president Jean-Claude Juncker ….. had banned his commissioners from any talks with the British, he said. It is – or should be – unacceptable that an ECommission President “bans” ECommissioners from talking with… Read moreImproper Behaviour in the EC

The Results of the European Council Meeting on Brexit

Here’s The Guardian’s report on the European Council (ECoun) meeting Tuesday, 28 June 2016: https://www.theguardian.com/world/2016/jun/28/cameron-eu-leaders-uk-control-immigration There is a meeting of almost the same group Wednesday, but it can’t be an ECoun meeting because the UK is explicitly not invited. Let me… Read moreThe Results of the European Council Meeting on Brexit