In some key respects the income versus consumption tax choice is simply misunderstood by many people, including sophisticated practitioners.

The establishment of new accounting rules for expensing options would likely do more harm than good.

Requiring companies to expense options in the absence of any satisfactory method to evaluate their costs would be inconsistent with the principles and objectives of accounting.

Requiring companies to expense options in the absence of any satisfactory method to evaluate their costs would be inconsistent with the principles and objectives of accounting.

The establishment of new accounting rules for expensing options would likely do more harm than good.

This volume focuses on factors that have contributed to the deterioration of the U.S. trade balance and the erosion of American competitiveness.

A discussion of the perceived widening wage gap between skilled and unskilled workers that analyzes the implications of such a gap upon trade in the context of NAFTA.

Seemingly common-sense taxation approaches raise issues of equity, tax administration, and unintended economic consequences.

This book recommends the creation of a new, alternative legal structure for collective investment, the "managed investment trust."