Posts Tagged ‘incentive’

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    Operation Twist Again

    Sep 23, 11 • 211 Views • No Comments

    Operation Twist is a great name but tough to understand. Our starting point is interest rates. When you loan someone $100, you expect to be repaid more. How much extra? It depends on many variables so let’s just look at one. Time. When the federal...  [read more]

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    An Optional Income Tax

    May 18, 11 • 293 Views • No Comments

    What if you could decide whether to pay an income tax? Boston University economist Laurence Kotlikoff has a plan that gives us a choice. His basic message, though, is that Congress had better start to think creatively because our current system is...  [read more]

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    Creative Incentives

    May 15, 11 • 274 Views • No Comments

    In his New Yorker Magazine article on creativity, Malcolm Gladwell describes Mick Jagger, the musician, and Gary Starkweather, an optical engineer, as gentlemen who pour out countless ideas and develop an endless stream of products. For Jagger, the product is...  [read more]

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    Corporate Tax Matters

    Apr 3, 11 • 263 Views • No Comments

    CBS’s 60 minutes, the NY Times, Forbes, all seem to be talking about how large corporations avoid paying U.S. income taxes. GE, for example, has one of the biggest tax returns (24,000 pages) and the smallest payments. How? For many multinationals, a...  [read more]

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    Toasters and Pencils

    Jan 17, 11 • 218 Views • No Comments

    In this TED talk, a designer explains how he tried to build his own toaster. Deciding to focus on five basic ingredients instead of the 100 he would really need, he describes what happened. For the steel, first he needed iron ore. For the plastic, he went to...  [read more]