The free movement of production factors is enshrined in the economic imaginary; a standing that emanates from an unquestionable mathematical truth: that is, the greater the number of degrees of freedom to allocate economic inputs –which no question increase with free trade and immigration – the greater the potential to maximize production. This simple and … Continued
The failure in repealing ObamaCare has increased pressure on Trump to deliver on his fiscal plan. Since savings in healthcare will not decrease the baseline, and other funding cuts have been redeployed into defense spending, the Border-Adjustment Tax (BAT) emerges as the only source for financing the promised tax cuts to corporations and individuals. House … Continued
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