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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. The battles may be over, but the war is just beginning. billion in 2012.

GDP 8
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The Real (and Imagined) Problems with the U.S. Corporate Tax Code

Harvard Business Review

companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. After-tax profits are at historically high levels; they were more than 50% higher as a share of GDP in the years 2010-2015 than they were over the prior 20 years. corporations are global leaders. corporations are global leaders.