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Economy

Labor market effects of the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act (TCJA) of 2017 represents the most significant reform of the U.S. income tax code since the Tax Reform Act of 1986. Previous analyses of the TCJA’s economic impact often rely on estimates based on data prior to the enactment of the legislation. This paper leverages plausibly exogenous variations in […] The post Labor market effects of the Tax Cuts and Jobs Act appeared first on Marginal REVOLUTION. Related StoriesThe Shingles Vaccine Reduces DementiaAI-Native FirmsMo...

United States
Culture

Music markets remain deglobalized

It might seem surprising, in a world of global stars, that the 6m Danes, many of whom are fluent in English, listen mainly to homegrown music. And until fairly recently they did not. In 2019 only five songs in Denmark’s top 20 were in Danish. By last year the figure was 18. A similar trend […] The post Music markets remain deglobalized appeared first on Marginal REVOLUTION. CommentsMaybe Billy Corgan is on to something. About 25 years ago the . by Thanatos SavehnWhen musical elements have bec...

Denmark