Countries or Jurisdictions With a Flat Tax as of March 2015 (Includes Personal Exemption or Allowance. Effective Zero Rate on First Tranche of Earnings or Self-Employed Business Profits)
“Congress is stalled in its effort to pass a separate resolution authorizing military force against the Islamic State of Iraq and the Levant,” write Austin Wright and Bryan Bender in a good Politico story two days ago.
Fragile by Design is James Madison for depressives—and he’s even a protagonist. Charles Calomiris and Stephen Haber argue that states are essential for banking systems (and vice versa) and that rent-seeking bargains drive their joint structure.
Hoover fellow John Taylor discusses how the Fed could use the Taylor Rule to get back to a rules-based strategy for monetary policy, which would lead to better economic stability.
By voting yesterday to approve release of 20 acres of public parkland to the University of Chicago, the local City Council finally cleared the last obstacle to its pending hometown bid for the Barack Obama Library and Museum.