by Henry Oliner | Feb 6, 2021 | Economics, Politics
Economic Nationalism 2.o from Kevin Williamson at National Review There is more relevant information in one of Kevin’s articles than in most entire newspapers. Excerpts: Biden’s economic nationalism, like Trump’s, would essentially take the worst thinking...
by Henry Oliner | Dec 27, 2020 | Economics, Politics, Progressivism
From What Does Liberalism Even Mean Anymore? So what’s in it for liberal elites who are pushing this narrative? Why are affluent white liberals so eager to believe we’re living in a white supremacy, for example? Here’s my best guess: The narrative of wokeness or...
by Henry Oliner | Nov 8, 2020 | Economics
When the vaccine is implemented and the pandemic is behind us, there will a powerhouse of pent up demand that will propel a booming recovery. Tax revenues will grow accordingly even without a tax rate increase, but there is a downside. Inflation has been limited by...
by Henry Oliner | Sep 5, 2020 | Economics, Taxes
The Great Tax Wars by Steven Weisman (2002) is a history of the establishment of the income tax in America. It is very well written, very readable and an excellent component of the development of the progressive political movement. We take the income tax for granted,...
by Henry Oliner | Apr 27, 2020 | Economics
Margaret Thatcher is remembered for her quote, “The problem with socialism is that you eventually run out of other people’s money.” The older definition of socialism of centrally controlled means of production has given way to an association with redistribution. You...
by Henry Oliner | Apr 8, 2020 | Business, Economics, Politics
Generally, corporations avoid excess cash especially when it is low yielding. Their job is to generate cash and deploy it to generate a return on assets which with leverage becomes a return on equity. Using cash to buy back stock makes sense when you think your stock...
