Investment has also followed a surge in profits, reflecting stronger GDP growth, as it tends to. 投资也随之出现了一波利润的上涨，反映了GDP增长往往会有的那种越来越强劲。 As workers become scarcer in America's tighteni...
The proposed tax cuts are paid for by bigger budget deficits, a fiscal stimulus that is ill-timed given the business cycle. 计划中的减税要由更大的预算赤字来买单，这是一种在给定的商业周期下不合时宜的财政刺激。...
Yet the economy is not in immediate danger. 然而，经济体并非处于迫在眉睫的危险之中。 And the maturity of the business cycle cuts both ways. 而且，商业周期的成熟把这两种情况都排除了。 It makes a nonsense of Mr...
Leaders 领导者 The American economy: Can the Trump boom last? 美国经济：特朗普的繁荣能持久吗？ America's president is not the architect of American strength. But in the short term, things will go his way. 特朗普不是美国增长的...
In fact, people who are against tax in general ought to be less hostile to inheritance taxes than other sorts. 实际上，反对税收的人总的来说，对继承税比对其他税应该少一些敌意。 However disliked they are, they are some o...
However, in 2017, it is not clear exactly how decisive a role inheritance plays in the entrenchment of the hereditary elite. 不过，在2017年，遗产税在世袭精英堡垒中扮演的是一个具有多大决定性的角色是不清楚的。 Dat...
Such levies pit two vital liberal principles against each other. 这类征税置自由主义的两项关键原则于相互冲突之中。 One is that governments should leave people to dispose of their wealth as they see fit. 一是，政府应当让人...
Leaders 领导者 The case for taxing death 为向死亡征税而辩 How to balance people's desire to bequeath assets with the unfairness of inheritance. 如何用继承的不公平去平衡人们对遗赠资产的欲望。 No tax is popular. 没有一...
Still, the paper contains essential insights which should frame discussion of data's role in the economy. 尽管如此，这篇论文仍然包含一些深刻的见解，它们应当成为数据在经济中的角色之讨论的框架。 One concerns t...
To tackle these problems, they have a radical proposal. 为了解决这些问题，他们提出一项激进的建议。 Rather than being regarded as capital, data should be treated as labourand, more specifically, regarded as the property of those w...
