2017-01-17 12:42:00 Tue ET
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Former Treasury Secretary and Harvard President Larry Summers critiques that the Trump administration's generous tax holiday for American multinational corporations may have inadvertent consequences.
This Bloomberg news article and video clip summarize Summers's critiques in several bullet points.
When these corporations repatriate offshore cash, this cash is unlikely to be spent on domestic job creation and R&D innovation.
This cash might go into greater empire-driven M&A expansion, opportunistic low-cost share buyback, and financial reorganization.
This managerial hubris can translate into bigger bonuses and cash windfalls for many senior executive managers to the detriment of minority shareholders.
This managerial rent protection not only entrenches key corporate blockholders but also exacerbates income and wealth inequality in Corporate America.
The supply-side tax cuts and infrastructure expenditures move beyond voodoo economics with extraordinary uncertainty.
Can Trump's economic policy reforms prove their worth in due course?
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Oxford macro professor Stephen Nickell and his co-authors delve into the trade-off between inflation and unemployment in the dual mandate of price stability
2018-04-07 09:36:00 Saturday ET

Facebook CEO Mark Zuckerberg testifies in Congress to rise up to the challenge of public outrage in response to the Cambridge Analytica data debacle and use
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Disruptive innovators often apply their 5 major pragmatic skills in new blue-ocean niche discovery and market share dominance. Jeff Dyer, Hal Gregersen,
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President Trump forces the Federal Reserve to normalize the current interest rate hike to signal its own monetary policy independence from the White House.
2016-11-09 00:00:00 Wednesday ET

Universally dismissed as a vanity presidential candidate when he entered a field crowded with Republican talent, the former Democrat and former Independent