Sebastian Mallaby
The Corporate Income Tax Is Outdated

Midway through September, Mitt Romney’s presidential campaign ran into some turbulence. Captured on a clandestine camera, Romney was found to have disparaged the alleged entitlement mentality of the 47 percent of Americans who pay no income tax. But even as Romney’s liberal critics rejoiced in his embarrassment, they seemed strangely unapologetic about their own brand […]

Hedging Risk

We have to learn to live with a large and sophisticated financial sector.

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