Tag Archives: Tax cuts

Lexington | The Kochtopus’s garden

Lexington | The Kochtopus’s garden

Plutocracy is a feature of American democracy, not a bug FEW INDUSTRIALISTS have been as cruelly self-serving as Andrew Carnegie. Fatal accidents at his steel mills accounted for a fifth of all male deaths in Pittsburgh in the 1880s. Most of his surviving employees, ground down by 12-hour shifts, seven days a week, were discarded by …

The numbers guys | When economists ruled the world

The numbers guys | When economists ruled the world

They have a lot to answer for, says Binyamin Appelbaum The Economists’ Hour. By Binyamin Appelbaum. Little, Brown; 448 pages; $30. To be published in Britain by Picador in January; £20. FEW ECONOMISTS worked at the Federal Reserve in the early 1950s. Those who were on the staff of America’s central bank were relegated to the basement, at …

Money where their mouths are | Socially liberal companies really do contribute more to Democrats

Lexington · Donald Trump: foreign-policy showman

But they still prefer Republican candidates overall CAPTAINS OF INDUSTRY and social-justice warriors are strange bedfellows. Yet many American companies have embraced leftist causes. In 2016 PayPal cancelled its expansion in North Carolina after the state began limiting transgender people’s choice of bathroom. When Donald Trump instituted a travel ban on people from Muslim countries, 164 …

Politics this week

Politics this week

An indicative vote in Argentina’s presidential election suggested that the opposition, led by Alberto Fernández with the country’s previous president, Cristina Fernández de Kirchner (no relation), as his running-mate, would handily win the actual election in October. The Argentine peso shed a quarter of its value against the dollar and its main stockmarket fell by 37%. …