Corporations Are Investing In Stock Buybacks That Don’t Pay
The Trump tax cuts were supposed to trigger a boom in business investment and wage growth. Instead, corporations are plowing record amounts of money into stock buybacks that don’t even…
Philippe Waechter's blog
On Structural Budget Balance
In an excellent paper Frances Coppola (@Frances_Coppola) shows that disentangling structural fiscal balance from the budget balance is not an easy task as it relied on not easy to define…
Issues of Economic Policy in France
The new government is expected to give a new breath to French economic policy. Manuel Valls the new prime minister will give a speech tomorrow at the National Assembly and…