By Joji Sakurai “In the city of the future, maybe as soon as 10 years from now, you could leave your floating-solar-farm-powered home and head to the office in a self-driving car, enjoying intelligent conversation with a virtual assistant who will…
AIR IMPACT
Recognition of AIR research, opinions, and people in the media and elsewhere
Corporate buyback culture is financial engineering not value creation
By Charlotte Pickles “Corporate buyback – in which companies repurchase their own shares, overwhelmingly on the open market – has been rampant for decades, but was boosted after the financial crash by the availability of cheap credit. And while share…
The reverse Robin Hood effect of the Trump tax cuts
By Jan D. Weir “In his best-selling book Capitalism in the 21st Century, Thomas Piketty sparked debate about the ever-increasing income gap. Political analysts have identified this gap as fuelling the voter contempt for the 1%, Wall Street, and politicians who…
What we wish Elizabeth Warren would say to voters
By Marie Duggan and Sam Osherson “When is a strong economy not a healthy economy? Right now in New Hampshire and in the rest of our country. Our unemployment rate in New Hampshire is low, yet the workforce is demoralized…
Trump setz auf-die Offshore-Milliarden der Tech-Reisen
By Britta Weddeling, Annett Meiritz, and Katherina Kort “ Donald Trump und die Konzernbosse der Westküste hatten keinen guten Start. Die Fotos ihrer ersten Begegnung gingen um die Welt: Angestrengt scharten sich damals die Chefs von Apple, Microsoft und Amazon im Weißen Haus um den neuen…
INET grantee Lazonick’s research shapes DC share buyback debate
By Institute Staff “NET grantee William Lazonick has conducted extensive research on share buybacks, which was recently featured in letters sent by Sen. Tammy Baldwin (D-WI) to Securities and Exchange Commission nominees Robert J. Jackson, Jr. and Hester Pierce, and in written questions…
Workers won’t profit from corporate tax windfall
By Joe Nocera “Even before the Republican tax bill was signed, companies were lining up to take advantage of one of its key provisions: the new, lower rate designed to lure profits earned abroad back to the U.S. With the…
Buybacks and dividends
By Mark Whitehouse “Picture yourself as the CEO of a big, publicly traded company. You want to keep your shareholders happy and justify a big bonus for yourself. One solution is to invest your profits in developing new products, building…
Yes, we employers will use tax cut to hire
By Joseph Semprevivo “Congress is on track to send President Trump a package of tax cuts by Christmas, but we’re not out of the woods yet. At the heart of liberal opposition to the Tax Cuts and Jobs Act, which could still…
Congressional Republicans are on the verge of passing their disastrous tax bill. Don’t believe for a minute that it will ‘trickle down’ to workers
By Sen. Cory Booker “President Trump and Congressional Republicans are now on the verge of passing a disastrous tax plan into law that will raise taxes for millions of low-and middle-income workers and threaten critical programs that make our economy…
