Friday, April 3, 2009

G-20, credit crisis, auto industry, and taxes

Now that the G-20 summit is over, you can imagine that a lot of people are weighing in on what they consider to be the important results. Dani Rodrik says that it was a victory for Europe. Vicky Pryce talks about the focus on trade. Free Exchange seems optimistic about most of the results. Justin Fox talks more about the IMF's cash. ... And that's just a drop in the bucket of all the commentary going around out there.

Calculated Risk provides a bunch of graphs of credit crisis indicators. We're still high on all of them, but things are looking better.

Free Exchange considers how one would separate the auto and oil industries. We don't want rising oil prices to sneak up on us again, which may happen due to rising demand in China, but there are fewer incentives for fuel efficient or electric cars while oil prices are low. Of course, this is nothing new, it's just another thought on that same old topic. The way to do it might be a tax on gas.

Mike Mofatt talks about why value-added sales taxes are more efficient than other taxes.

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