While the tax we are proposing here at the foundation is unlike anything that’s been implemented in the past, more specific taxes on the financial sector are not uncommon and are (or have been) implemented in several countries across the world. The US and various...read more
Estimating the exact impact on individuals of a payments tax is difficult to do because, like the estimation of payments, comprehensive data on financial holdings by income is not available. However, we can access more broad data on wealth holding distributions and...read more
What makes a meaningful life? It’s a big question to bite off and it doesn’t have a definite answer. If I were to ask you what the purpose of your life is, you might say it’s to raise a family, make the world a better place, or spend time doing the things you love. I...read more
To me, paying in cash is a thing of the past. It’s wildly inconvenient, and rarely necessary in the US in the first place. However, in less developed countries, I think most Americans would expect to pay in cash because of the less robust financial infrastructure....read more
The concept of the public good is widely discussed in economics. Some goods, like road maintenance, are best managed by the government- while we all want good roads, it’s also something that most of us aren’t willing to pay for individually. When the government...read more
It’s outrageous that in the 21st century, companies in developed nations are still having arguments over whether it’s their responsibility to contribute to the common good. This isn’t so much an issue with individual companies- it’s a problem with government not...read more
By Emma Dahl What happens to dead people’s money? A morbid question maybe, but also an important one to ask when considering taxing the flow of money. A friend of mine asked me recently what would happen to all this money sitting in bank accounts, and while it might...read more
by Emma Dahl There's a huge quantity of money moving through the US economy each year, the majority of which isn't accounted for in traditional measures of the economy. Most of this money flows through the finance industry, and just a small portion of it is either...read more
by Emma Dahl Associate Program Analyst | ABetterEconomy.org I’m anticipating that the next recession will come sooner rather than later. Institutions from Fox to Vox have also suggested that another recession may be on the way. While recessions are a natural part of...read more
by Emma Dahl Associate Program Analyst | ABetterEconomy.org Bitcoin is the magic bean of the 21st century. Sometimes it’s treated as a currency, sometimes as a commodity, and sometimes as an illusive technological component that makes money out of thin air. One...read more
by Emma Dahl Associate Program Analyst | ABetterEconomy.org The U.S.-Mexico Canada Agreement (USMCA), or as Justin Trudeau calls it, New NAFTA, is the new trade deal that has replaced the North American Free Trade Agreement (NAFTA). NAFTA was implemented January 1...read more
When our ancestors wanted something, they had to exchange goods or services to get it. For argument’s sake, let's call the two people in the exchange Fred and Barney, in a world where the only goods consumed are brontosaurus burgers and bowls of Fruity...read more
Our Expert Commenters
As an analyst for the foundation, Emma works at researching policy and studying economic trends. She also develops and handpicks content, working to manage social media systems for the foundation.
Scott SmithScott Smith is an author, entrepreneur and founder of the Foundation for a Better Economy. Through the Colorado-based foundation, Scott supports new solutions for revamping the nation’s tax and banking system. He is the author of The New Operating System for the American Economy. Scott has seeded and nurtured several technology companies. He focuses on direct investments in disruptive technologies in cloud computing, fin-tech and the Internet of Things.
Tony SiebersTony is a Philanthropist and Change Management Agent focused on organizational strategy, and program delivery. He helps lead the team at The Foundation For A Better Economy, as it looks to find ways to better serve Americans and drive solutions in real estate, alternative energy, higher education, healthcare, legal and home services.