The U.K. Government Crack Down on Tax Avoidance...Not So Much

Corporate tax policy says more about power than anything else does. Corporations seek to minimise the tax they pay – and, while governments ordinarily try to maximise their revenues, in the case of transnational corporations (TNCs) they understand that they have to tread carefully. Governments have come to accept that they hold fewer and fewer cards as capital has become more mobile.

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China's Financial Inequality Gap Widens

Rising income and wealth inequality (measured by the Gini coefficient) have marked the last three decades of China’s remarkable economic transition from a centrally planned economy to an increasingly market-oriented one. When analysing the causes of China’s inequality, researchers frequently invoke rapid trade integration, technology, human capital differences and social security systems, but very little has been said about the role of monetary policy and the banking system.

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Developed vs. Emerging Market Trends

After a troublesome August and most of September, risk appetites were rekindled beginning in late September.  Aiding this are ideas that the period of extremely accommodative monetary policy by the major central banks will persist longer than previously anticipated.  This has weighed on the dollar, lifted equities and commodities.

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Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
Wendell Philips
He who controls the money supply of a nation controls the nation.
James A. Garfield
The moment that government appears at market, the principles of the market will be subverted.
Edmund Burke