Oxford University Press's
Academic Insights for the Thinking World
A federal value-added tax (VAT) is today’s magic bullet for slaying the federal budget deficit. A federal VAT would be a veritable cash cow, obviating the need for painful measures like serious spending reductions and middle class income tax hikes. A VAT would be more regressive and complex than its proponents acknowledge. Like most putative panaceas, a VAT should be rejected.
Why have the Doha negotiations been so painfully slow and unsuccessful so far? A review of recent commentary and analysis seems to indicate that the difficulty has many roots, as shown by the following list of contributing factors:
Elvin Lim looks at the implications of the charges against Goldman Sachs.
An interview with author Roger Farmer.
Edward Zelinsky’s monthly column.
Scott Shane considers the pros and cons of genetic testing in the workplace.
Professor Geoffrey Jones, author of Beauty Imagined: A History of the Global Beauty Industry, writes about the boom in natural cosmetics.
A look at the iPad.
Chris Mallin on risk management and corporate governance.
Professor Chris Mallin on institutional investors and corporate governance reform.
Edward Zelinsky looks at taxes on online sales.
An excerpt from Inventing the “American Way”.
Some money-related entries from The Little Oxford Dictionary of Proverbs.
Jake Kraft looks at one of South Africa’s biggest exports: its people.
Chris Mallin, author of Corporate Finance, blogs about companies splitting the role of Chair and CEO.
An excerpt from Goddess of the Market: Ayn Rand and the American Right.