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Who benefits from growth?
According to research from the Dutch Central Bank published in July 2013, over the past decades the benefits of economic growth in The Netherlands have ended up primarily with business. In 2012 the purchasing power of the Dutch was equal to that in 1997, whereas GNP...
The real and the financial or speculative economy
Crisis, Economics and the Emperor’s Clothes argues that one of the important phenomena economists miss out on is the existence of a financial or speculative economy that can be seen as separate from, yet interacting with, the “real” economy in which goods are produced...
Simplifying tax codes and reducing tax avoidance: is a flat tax the answer?
May 2013: it is revealed that electronics company Apple engages in large scale tax avoidance by making good use of loopholes in the U.S. tax code as well as a lack of international regulation. In an embarrassing Senate hearing of Apple CEO Tim Cook, with most...
