Yes, you read that correctly: abolishing U.S. federal estate tax, commonly derided as the “death tax,” would help preserve large amounts of privately owned forest in the U.S., according to an intriguing piece by Ross Marchand in Real Clear Policy. Death tax currently stands at 40% of the value of the […]
“AI and the Productivity Paradox” By Georgios Petropoulos, courtesy of Bruegel Institute Our economy is undergoing tremendous digitalisation through numerous new information technology systems that are based on artificial intelligence and machine learning. While these new technologies bring big efficiency gains in the production process, they do not seem to contribute to productivity, […]
With the U.S. government and the attorneys general of numerous U.S. states starting probes against four of the biggest “Big Tech” firms — shorthand for Google, Facebook, Amazon and Apple — the Wall Street Journal is helpfully reviewing both sides of the argument, presenting […]