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May 17, 2019

Financial Articles I’m Reading This Week – 17 May 2019

Here are a few financial articles that I found interesting this week. Let me know if I missed some!

Is it True that 40% of Americans Can’t Handle a $400 Emergency Expense?: CATO Institute. Short answer: Nope.
Amazon wants to pay the New York Times and BuzzFeed to expand so it can reach more shoppers outside the US: Vox.com.
An Interview With A Man Who Eats Leftover Food From Strangers’ Plates In Restaurants: Not financial or economic but very funny. Hat tip Tyler Cowen.
Trump Delays Auto Tariffs in Press for Deal With Japan, Europe: NY Times.

May 13, 2019

Stock Buybacks Aren’t Evil

I have read several articles over the past year that include some harsh criticism of corporate stock buybacks. Most include a version of the argument: “President Trump’s tax cuts went primarily to wealthy Americans and corporations. Corporations squandered this windfall with stock buybacks to pump up their own stock price.” This sentiment is a little off-the-mark, but I understand the impulse. So I wanted to take a minute to work out the details on why stock buybacks are not so bad.

January 8, 2019

Cowen has Misled Us On AOC’s Marginal Tax Rate Idea

Tyler Cowen is my favorite blogger. He is completely unique, brilliant, and infinitely curious. But he just wrote a really bad article for Bloomberg on how The Democrats’ Latest Idea on Taxes Will Only Help Trump. He is responding to the comments by Alexandra Ocasio-Cortez during a recent 60 Minutes interview where she expressed support for additional tax brackets on the high end of the income distribution and a significantly higher top marginal tax rate for those highest brackets.

December 14, 2015

21 Inc. is Worse than Vox Thought

Recently I have seen several headlines surrounding a new tech firm 21 Inc. that has raised a considerable amount of capital. They specialize in bitcoin technology and are particularly focused on linking up the bitcoin protocol with networked home devices that aren’t personal computers, otherwise known as the internet of things.

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