Ep 38 Global Minimum Corporate Taxes, Employment Recovery, George Floyd A Year Later, And The Police

In this week's 'what on earth has happened in the past month while Wyatt has been working like mad' episode, the guys discuss a global corporate minimum tax and its implications. Plus they discuss the possibility of a "natural rate" of employment recovery - when Tyler Cowen and Paul Krugman agree on something, it usually deserves attention! Next they provide a retrospective a year removed from George Floyd in addition to what should be done with policing in the US before discussing an unexpected benefit of mass incarceration in Ohio... Lastly, they wrap it all up with more talk of the CCP up to no good and Canada's impressive vaccine rollout. And get well soon Christian Eriksen. 00:45 A global corporate minimum tax rate 10:28 A natural rate of employment recovery? 16:20 George Floyd - 1 year later 25:50 We need more police (and more reforms to hold them accountable) 36:30 Mass incarceration vs the benefits of incarcerating toxic parents 42:28 This week in Chinese censorship 47:31 Go Canada Show notes/further readings: What do recoveries from past US recessions teach us about the recovery from the pandemic recession? https://voxeu.org/article/what-do-recoveries-past-us-recessions-teach-us-about-recovery-pandemic-recession We aren't going to defund the police (nor should we) https://noahpinion.substack.com/p/we-arent-going-to-defund-the-police The Effects of Parental and Sibling Incarceration: Evidence from Ohio https://www.aeaweb.org/articles?id=10.1257/aer.20190415