… give or take
// The IMF recently made a prediction that the Chinese economy, in total size, will be larger than America’s in a matter of years. In fact, the shift is so close that “According to the IMF forecast… whoever is elected U.S. president next year — Obama? Mitt Romney? Donald Trump? — will be the last [...]
// In light of the ongoing recovery efforts in Haiti, David Brooks offers several observations regarding Haitian development as well as development in general. I certainly don’t agree with all of his analysis, but he makes some important and thought-provoking points. One is that development aid, which has amounted to trillions of dollars over the past several [...]
If only it were true. Unfortunately, the reality of the matter is much more complex. There is tons to be said on this issue. For now, take a look at this chart, released today by the OECD, and reported in the New York Times: // Relative to the US, there are higher taxed countries that [...]
