The corporate tax rate in the U.S. has declined steadily since the 1960s. The rate has declined from over 40% during that period to 21% this year. Lower taxes does not necessarily mean more productive investment by a company. Instead of spending on R&D and other long-term investments most firms spend more of their profits …
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The trading bloc between the US, Canada and Mexico is one of the largest in the world. The three countries are covered by the United States-Mexico-Canada Agreement (USMCA) agreement that replaced North American Free Trade Agreement (NAFTA) earlier this year. The agreement allows for free flow of goods and services between the countries. The benefits of the …
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This post is a follow-up to a post from earlier this year where I discussed about the doctors per capita in OECD countries. As the vaccines for Covid-19 gets rolled out nurses will be one of the key workers in the health care sector involved in the administration of the vaccines. The following chart shows …