Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list discusses the revolving door between Wall Street and Washington regulators …….. and the last article is about the student loan money machine.
- Former Regulators Find a Home With a Powerful Firm (Ben Protess and Jessica Silver-Greeenberg, The New York Times, 09 April 2013) Hat tip to Roger Erickson.
- The U.S. Has a Low Corporate Tax (Citizens for Tax Justice) Hat tip to Dan Flemming. About 2/3 of U.S. companies with significant foreign profits have a lower effective corporate tax rate paid on U.S. profits than the effective corporate tax rate paid to foreign governments on foreign profits.
- Welfare cuts widen UK prosperity gap (Chris Giles and Sarah Neville, Financial Times) Cuts to welfare payments will hit the local economies of northern towns and cities as much as five times as hard as the Conservative heartland southern counties.
- Epigenetics: How Today’s Austerity Can Degrade Humanity, Forever (Rodger Malcolm Mitchell, Monetary Sovereignty) Rodger Malcom Mitchell is a Global Economic Intersection contributor.
- How 1960s Radicals Ended Up Teaching Your Kids (Michael Moynihan, The Daily Beast)
- Brain Dead: Why Is D.C.’s Answer to the Jobs Crisis a Deficit Solution? (Arianna Huffington, Huffington Post)
- Black Hole Caught Snacking on ‘Super Jupiter’ Planet (Mike Wall, Space.com)
- Why do people hate deficits? (Dylan Matthews, The Washington Post) Hat tip to Roger Erickson. A long article that “mushes” around government deficits without really defining a thing.
- Paying college athletes can work (Jason Whitlock, Fox Sports)
- The Student Loan Money Machine (Robert Oak, The Economic Populist) Hat tip to Roger Erickson who said that interest on student loans is a tax on learning.
