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The U.S. Gets Less Subway for Its Money Than Its Peers - CityLab
It’s not just the Second Avenue Subway: Nearly all urban rail projects in the U.S. cost much more than their European counterparts.
corruption  infrastructure  Politics  US  US_Government  grade_A 
january 2018 by Marcellus
Lords of Misrule | Matt Stoller - The Baffler - Sept 2017
In 1937, future Supreme Court Justice Robert Jackson gave a toast at the New York State Bar Association on the civic responsibilities of the legal profession.…
Evernote  legal_culture  corporate_law  legal_system  US_politics  US_legal_system  US_government  white-collar_crime  criminal_justice  DOJ  fraud  financial_crisis  financial_regulation  SEC  antitrust  Obama_administration  accountability  from instapaper
september 2017 by dunnettreader
Emmanuel Saez - Taxing the Rich More: Preliminary Evidence from the 2013 Tax Increase (Nov 2016) | NBER Working Papers
Taxing the Rich More: Preliminary Evidence from the 2013 Tax Increase
Emmanuel Saez
NBER Working Paper No. 22798 - Issued in November 2016
This paper provides preliminary evidence on behavioral responses to taxation around the 2013 tax increase that raised top marginal tax rates on capital income by about 9.5 points and on labor income by about 6.5 points. Using published tabulated tax statistics from the Statistics of Income division of the IRS, we find that reported top 1% incomes were significantly higher in 2012 than in 2013, implying a large short-run elasticity of reported income with respect to the net-of-tax rate in excess of one. This large short-run elasticity is due to income retiming for tax avoidance purposes and is particularly high for realized capital gains and dividends, and highest at the very top of the income distribution. However, comparing 2011 and 2015 top incomes uncovers only a small medium-term response to the tax increase as top income shares resumed their upward trend after 2013. Overall, we estimate that at most 20% of the projected tax revenue increase from the 2013 tax reform is lost through behavioral responses. This implies that the 2013 tax increase was an efficient way to raise revenue.
paywall  capital_gains  fiscal_policy  tax_collection  behavioral_economics  tax_increases  US_government  Obama_administration  1-percent  top-marginal_tax_rates  NBER  tax_policy  paper  tax_avoidance 
december 2016 by dunnettreader
NOAA's "Arctic Change" website - Permafrost "home" page
"Home" page for Permafrost-related materials - Permafrost is now included in the Arctic Report Card as an indicator that gets updated every 2-4 years.
website  US_government  science-government_research  NOAA  climate  carbon_budget  COP21  Arctic  links  report 
october 2016 by dunnettreader
Kurt Newman - Reflections on the Conference "Beyond the New Deal Order " Sept 2015 - S-USIH Blog
The impetus for the conference was the anniversary of a classic collection of essays edited by Steve Fraser and Gary Gerstle: The Rise and Fall of the New Deal Order, published by Princeton University Press in 1989. We learned that this volume came together in the mid-1980s as New Left veterans Fraser and Gerstle surveyed the rise of Reaganism and lamented the poverty of New Deal historiography: dominated as it then was by Whig great man hagiography and toothless stories of cycles of American liberalism and conservatism. We learned, too, that “order” was chosen carefully from a longer list of contenders (“regime,” “system,” etc), and that this choice of “order” was deeply connected to the volume’s stated goal of providing a ‘historical autopsy” for the period that ran from the election of FDR to the PATCO firings.
historiography  US_history  19thC  20thC  pre-WWI  entre_deux_guerres  post-WWII  US_politics  US_economy  political_economy  political_culture  New_Deal  US_politics-race  US_government  US_society  US_foreign_policy  US_military  state-roles  social_order  social_sciences-post-WWII  Keynesianism  Keynes  Reagan  labor_history  New_Left  historians-and-politics 
october 2016 by dunnettreader
Benjamin Witte - Trump as National Security Threat | Lawfare Blog
I don’t, as a rule, endorse political candidates. I don’t do work for campaigns. I have never given a dime to a candidate—for any office. I have never signed up…
Instapaper  national_security  US_foreign_policy  US_government  Trump  elections-2016  exec_branch  US_legal_system  US_military  IR-domestic_politics  from instapaper
july 2016 by dunnettreader
Larry Summers - No free lunches but plenty of cheap ones - Feb 2016
February 7, 2016 Trade-offs have long been at the center of economics. The aphorism “there is no such thing as a free lunch” captures a central economic idea:…
Instapaper  US_economy  US_government  Summers  stagnation  demand-side  economic_growth  Great_Recession  investment-government  government_finance  interest_rates  from instapaper
february 2016 by dunnettreader
Ben Leo and Todd Moss - Bringing US Development Finance into the 21st Century | Center For Global Development 7/20/15
Part of the White House and the World 2016 Briefing Book -- Well-established European development finance institutions (DFIs) are providing integrated services for businesses...-- debt and equity financing, risk mitigation, and technical assistance. .. emerging-market actors — including China, India, Brazil, and Malaysia — have dramatically increased financing activities in developing regions such as Latin America and Sub-Saharan Africa. As the needs of developing countries have changed, so has the political and economic environment in the US. First, traditional development dynamics are shifting rapidly from a donor-recipient aid relationship to win-win partnerships involving public and private actors. Second, most US aid agencies typically are not positioned to address many pressing development priorities, such as expanding economic opportunities in frontier markets. Third, the US development assistance budget has become increasingly constrained, with growing pressure to cut programs. Within this context, we assess the need for a modern, full-service US Development Finance Corporation and provide a series of options for how the next US president could structure such an institution consistent with bipartisan congressional support and budgetary realities. For such a USDFC, we propose below potential products, services, and tools; size, scale, and staffing requirements; governance structures and oversight functions; performance metrics; and capital structure models. We conclude with a notional implementation road map that includes the required US executive and legislative actions. -- downloaded pdf to Note
report  development  IFIs  aid  US_politics  public-private_partnerships  development-impact  development-finance  emerging_markets  FDI  technical_assistance  technology_transfer  US_government  US_politics-foreign_policy  fiscal_policy  cross-border  LDCs  World_Bank  IFC  downloaded 
october 2015 by dunnettreader
Two Philosophers’ Views on the Point of College | Daily Nous - September 2015
This week, two philosophers—Kwame Anthony Appiah (NYU) in the New York Times Magazine and Gary Gutting (Notre Dame) in The Chronicle of Higher Education—have discussed the point of a college education. - Both distinguish -long between the utilitarian (and subject mastery) function oriented toward what employers are likely to find useful and the intellectual or academic, oriented toward developing mental habits of learning with an open mind as a key part of whole-person development and life-long ability to be part of, at a minimum, middle brow culture. (The latter is more explicit in Gutting. The major difference is that Appiah takes a somewhat defensive faute de mieux approach, given the enormous economic pressures that are producing corporatized institutions that don't understand or appreciate the intellectual excellence tradition. Whereas Gutting (like Appiah) acknowledges the pressures for a "training " track that meets employer and employee expectations, he thinks the job should be shifted from what's effectively remedial classes in the first year or so of college with an effective J-12 education. Including shifting parties of college teachers )along with their budgets) to the K-12 system. He clearly thinks Appiah's defensive approach is going to fail. The demands if both students and employers are legitimate, and in the absence of another set of institutions to meet those legitimate expectations, the corporatism of universities will proceed at wn ever increasing pace.
education-finance  paywall  education-training  education-privatization  public_goods  intelligentsia  US_government  human_capital  university-contemporary  public_education  public_finance  Pocket  local_government  education-K-12  education-higher  US_politics  from pocket
september 2015 by dunnettreader

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