By Louise Story and Matthew Saltmarsh As leaders in Europe try to contain a deepening financial crisis, they are also increasingly talking about making fundamental
From Wikipedia In economics, Hauser’s Law is an empirical observation that, in the United States, federal tax revenues since World War II have always been
Bloomberg (22 Feb 10) WASHINGTON—The U.S. Supreme Court rejected an appeal by Pacific Investment Management Co., clearing the way for a lawsuit seeking more than
By Ambrose Evans Pritchard So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate