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What Is So Rare

Posted in Contemporary economics, Newspapers Tagged with:

…as a day in June, in England; or, for that matter, in May, in Somerville, Massachusetts? A genuinely powerful intellect, that’s what. Enough to elicit a weekly instead of a walk. The most interesting thing I saw last week was A Tax to Fix Big Tech, an op-ed by economist Paul Romer in The New York Times, proposing a progressive tax on corporate revenues from sales of search advertising. “Putting a levy on targeted ad revenue would give Facebook and Google a real incentive to change their dangerous business models,” he wrote. About those dangerous business models, Romer had little