Wednesday, April 13, 2022

New Billionaires 2022: Rihanna, Peter Jackson And 234 Others Join The Ranks This Year

Summary of Tax Crimes for Tax Procedure Class

 This past Tuesday, I was a guest lecturer at Jim Malone’s UVA Law Class on Tax Procedure.  My subject was tax crimes.  I circulated in advance a pdf summary of the topic here (which I have changed slightly as indicated in red).  The summary is taken from the corresponding section of my Federal Tax Procedure Book Practitioner Edition but stripping out the footnotes and modifying the text as I thought appropriate).  Readers of this blog can download the summary here.  SSRN links to download either the Student or Practitioner Editions of the book are here


New Billionaires 2022: Rihanna, Peter Jackson And 234 Others Join The Ranks This Year


In 1990s Berlin, an artist and a hacker invented a new way to see the world. Years later, they reunite to sue Google for patent infringement on it.

The Billion Dollar Code


US brings foreign banks into intelligence-sharing fold FT. What could go wrong?


ICIJ reveals more than 800 Russians behind secret companies in landmark expansion of public offshore database

The Offshore Leaks Database spotlights vital new information on the covert financial activities of oligarchs, bankers and politicians as waves of Western sanctions target Putin loyalists.




Falling short on the GREMichael Weissman criticizes three recent papers on physics education research, finding major errors in methods leading to underestimation of the predictive power of Graduate Record Exams.Compared to what? Stephen Walker looks at an award-winning Review of Accounting Studies article that develops a measure, based on Benford’s law, to identify errors in financial statements, and shows that it does not measure up to simple and sensible alternatives.What’s free about free markets? Jan Ott argues that the Fraser economic freedom index ought not to include government size as a factor in the measurement. Ryan Murphy explains that the meaning of freedom used in the project is based on a conceptualization of freedom that is central to liberal civilization. Professor Ott replies.Misrepresenting Mises: Phillip W. Magness and Amelia Janaskie expose doings of Quinn Slobodian, Contemporary European History, and Cambridge University Press.A deep dive into deep roots: Does the ‘deep’ ancestry of a population correlate with aggregate outcomes in modern times? Jason Briggeman looks carefully at the data and methods of two ‘deep roots’ articles coauthored by Louis Putterman and disputes the claim that they teach us something.From Hume to Smith on the Common Law and English Liberty: Jacob Hall argues that Paul Sagar does less than justice to David Hume.Uncovering errors on measuring the underground economyManuel A. Gómez and Adrián Ríos-Blanco uncover problems in the Journal of Macroeconomics article “Measuring the Size of the Shadow Economy Using a Dynamic General Equilibrium Model with Trends”, by Mario Solis-Garcia and Yingtong Xie, who thank them for pointing them out, and who offer a revised procedure said to meet the goals of the original paper.Liberalism in Colombia across the centuries is documented by Sebastián Rodríguez and Gilberto Ramírez. The article extends the Classical Liberalism in Econ, by Country series to 22 articles. “Liberalism nevertheless continues to pulsate in Colombia. Its future is unwritten.”The inconsistency of “market failure”: Do you want the government to regulate markets with externalities, monopoly power, knowledge asymmetries, and products with false allure? Here is Ronald Coase’s 1974 essay “The Market for Goods and the Market for Ideas.”EJW thanks its referees and others who contribute to its mission.EJW Audio:

Call for papers:Commentaries on Smith/Hume scholarshipWho should get the Nobel Prize in economics, and why?EJW invites ‘journal watch’ submissions beyond Econ.EJW fosters open exchange. We welcome proposals and submissions of diverse viewpoints


When my daughter asked why she couldn’t have an Alexa like her friends, I told her that it is because Alexa steals your dreams and sells them” ... more »