#Ehegattensplitting Mythen Teil 56.091 Das Thema kommt regelmäßig wieder, wenn irgendwer nach einer möglichen Steuererhöhung sucht (diese läge bei ca. 10 Mrd. €). Anbei ein paar Fakten bzw. Irrtümer zusammengestellt: 1⃣ Der Splittingtarif (§32a EStG) sorgt dafür, dass

With tariffs coming up, every degrowther should be thrilled. We’re going to test their ideas!

Ein schwarzer Mittwoch für die Weltwirtschaft. Erste Zahlen zu den Effekten der Trump-Zölle auf Basis des KITE Modells Kiel Institute (IfW Kiel) von Julian Hinz . Ein massiver Schock. Rezession in den USA und Preisschub von mehreren Prozent in den nächsten Monaten wahrscheinlich. 1/n

Running bilateral trade surplus/deficits with different countries is the way it should be. Trying to eliminate each one is simply stupid. I have a trade deficit with my grocer, a trade surplus with my employer. I am not sure it would be a great idea for me to work for my grocer.

Today, the economic consequences may be even worse given that global markets are more integrated than in the 1930s and we have a higher degree in the international divison of labour.

The most important advice for our European politicians: „Take your time to respond. Let cool heads prevail.“ We should avoid a full scale trade war. 👇

There is no upside to blanket tariffs. None. It is one of the clearest lessons of economic history. Everyone retaliates and everyone is just left poorer. It exasperated the Great Depression last time we acted this stupid. Laos cannot suddenly balance their trade with

The main effect of tariff insanity: Uncertainty poisoning supply networks, degrading a lot of relationships at once. That scar tissue will linger for a long time. 1/

#Trump werde die Wut der US-Wähler über seinen Zollkrieg bald zu spüren bekommen, heißt es. Aber was, wenn er gar nicht mehr wählen lassen will...? #TrumpTariffs n-tv.de/politik/politi…

A comparison of income inequality in the Roman and Chinese Han empires | Nature Communications nature.com/articles/s4146…

If an economist tells you that’s why they are bad, they are wrong. Thats not the cost of the tariffs economicforces.xyz/p/some-tariffs…

Could this moment be a prelude to Trump's Pyrrhic victory on the US current deficit? As every textbook teaches us, the current account deficit is equal to the financial account surplus. The US has a current account deficit in part because its assets (treasuries, private debt and

What is #patent quality? It's more than just novelty or legal validity. It's a multidimensional concept—often misunderstood. I break it down in my latest post on The Patentist. Read it here 👉 thepatentist.com/p/what-is-pate… #innovation #IPR #value #economics #research

Coming back to Japan and my post yesterday about my work with Gustavo Ventura on Japan. Let’s try a simple exercise. Take Japan’s demographics as given (more on this below). Now, assume GDP per working-age adult (or per hour worked; same result) had grown from 1991 to 2019 at the

Es gibt NIEMANDEN in der CDU·CSU, der Brosius-Gersdorf mit Überzeugung zur Verfassungsrichterin wählen wird. Aber genau dafür hat der Verfassungsgesetzgeber die 2/3-Mehrheit geschaffen: Damit Kandidaten nominiert werden, die auf einen breiten Konsens treffen, weil sie nicht zu

Germany is in big trouble. The massive fiscal stimulus announced in March just racks up debt and isn't lifting manufacturing. No surprise. Germany is suffering from a cost shock and too much red tape. You don't fix that with fiscal stimulus and debt. You just make things worse...

There have been several recent papers which might be called the ‘Economic History of Science’ but I think this new one is the first true thoroughbred to dash out of the starting stall: A network analysis tracing how discrete scientific ideas diffused amongst scholars through

This week’s review! — on Avner Greif’s Institutions and the Path to the Modern Economy. Games, institutions, and mediaeval Jewish-Egyptian merchants. Also the closest I’ve ever come to reviewing a work of fiction… check it out below👇