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Immigration and trade

Question: What is an easy way to reduce immigration in to the US (if you want to do that)?Answer: Buy what they have to sell. If they can make good money at home, they are less likely to want to come here.Question: Won't we lose jobs?Answer: What do you think people do with the dollars we send them in return for foreign goods? There is only one thing...

$19 Oil Will Trigger Economic Collapse, Warns Economist Channel

Several noted energy experts warn that the price of oil will continue to plummet in 2016.gold buyers, Goldman Sachs and Morgan Stanley expect oil to plummet to $20 a barrel … and Royal Bank of Scotland says $16 oil is on the horizon.economics news today, Both British bank Standard Chartered and energy expert Dr. A. Gary Shilling warn that we need...

Thousands Protest Donald Trump's Travel Ban

Bilal Askaryar was 5 years old when his family fled the war in Afghanistan and sought asylum in the United States. On Sunday he was among thousands protesting outside the White House to denounce President Donald Trump's travel ban for seven Muslim-majority countries. Trump...

Stocks And Bonds: Don’t Count On The Great Rotation

After many false promises and one false start, it is becoming evident that 2017 will be the year the Federal Reserve finally begins down the road toward interest-rate normalization. Therefore, it is likely that Ms. Yellen will cause bond yields to rise this year on the...

Tax-free days ending for Saudis after oil slump

Tax-free living will soon be a thing of the past for Saudis after cabinet on Monday approved an IMF-backed value-added tax to be imposed across the Gulf following an oil slump. Residents of the energy-rich region had long enjoyed a tax-free and heavily subsidised existence but...

A key figure in Paul Singer’s epic Argentina trade is stepping down

A key portfolio manager behind Elliott Management's infamous Argentina bet is stepping down. Jay Newman, a lawyer who joined New York-based Elliott in 1995, is stepping down and will act as a consultant for Paul Singer's $31.6 billion hedge fund firm, according to a...

Trump Immigration Order Sparks Constitutional Showdown

Confusion, protests and the specter of a constitutional showdown erupted at the nation's international airports this weekend, as federal authorities detained hundreds of people in compliance with President Donald Trump's executive order barring citizens of seven mostly Muslim...

Corporate Tax

My view: the corporate tax should be zero. Not just a zero rate, but the tax should be abolished. Lowering a rate is just an invitation to renegotiation, and a quick raise when the next party takes over. Lowering a rate keeps all the lobbyists around to keep all the exemptions going. To reduce a tax, you must follow the advice of a zombie movie --...

Uncommon Knowledge Interview

A broad-ranging interview on economics and policy by Peter Robinson as part of the Hoover "Uncommmon Knowledge" series. Click above for youtube, or · Hoover Institution: http://www.hoover.org/research/whats-wrong-american-economy · Twitter: https://twitter.com/uncknowledge/status/823926553058775042· Facebook: https://www.facebook.com/UncKnowledge/·...