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The New Deal and Recovery, Part 14: Fear Itself (Conclusion)

(This post completes my three‐​part discussion of the “regime uncertainty” hypothesis, according to which the New Deal hampered recovery by causing businessmen to fear policy changes that might render their investments unprofitable. Links to the previous posts about regime uncertainty, and to the other posts of my series on The New Deal and Recovery , occur at the end of this post.) Proving It Nothing seems more plausible, on its face, than the claim that policy shocks like those we’ve surveyed, coming as they did from a president who was often openly hostile to businessmen, discouraged investment. It’s no doubt largely owing to this, and to businessmen’s own insistence that New Deal policies frightened them, that the regime uncertainty hypothesis has gained adherents among economists.

National security looms large for foreign investment

National security looms large for foreign investment By Stephen Kirchner Tuesday April 20, 2021 Foreign investment uncertainty nearly doubled for the four quarters of 2020 compared to the average for 2019. (Image: Adobe/Dilok) There was a significant slowdown in foreign direct investment (FDI) in Australia during 2020. Gross inbound transactions fell from nearly $60 billion in the year-ended 2019 to only $33.6 billion for the year-ended 2020, about half the average pace seen in recent years. Uncertainties related to the pandemic weighed on investment decisions and cross-border capital flows globally. In Australia, the government instituted a temporary zero-dollar screening threshold for foreign acquisitions, fearing the opportunistic acquisition of distressed Australian businesses by foreign interests.

Face it: Trump s tax cuts weren t all bad - The Boston Globe

Face it: Trump’s tax cuts weren’t so bad There’s a good reason Biden wants to roll back only part of the 2017 reduction in corporate taxes. By James PethokoukisUpdated April 7, 2021, 12:55 p.m. Email to a Friend White House press secretary Jen Psaki points to a chart showing the history of corporate tax rates in the United States.Demetrius Freeman/The Washington Post It’s a hard truth for many partisans to accept: Sometimes your political enemy manages to do a good thing. Maybe your enemy stumbles into it by accident or misleads voters to make it happen. But none of that means that they can’t, on occasion, make what turns out to be a pretty smart and beneficial decision.

Ireland has one of the lowest levels of SME digital adoption in the EU Ireland,Technology, news for Ireland, Ireland,Technology,

Ireland has one of the lowest levels of SME digital adoption in the EU Ireland,Technology, news for Ireland, Ireland,Technology,
businessworld.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.ie Daily Mail and Mail on Sunday newspapers.

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