To which I would add to Laurent's comment that the article also leads to a path that would show how corporation can use cross-border arbitrage to avoid almost any kind of regulation.
On Mon, Nov 09, 2009 at 07:50:32PM +0100, Laurent GUERBY wrote: > On Mon, 2009-11-09 at 08:29 -0800, Jim Devine wrote: > > [no matter how it's corrected, GDP will continue to measure > > exchange-value but not use-value.] > > The whole article fails to mention the "transfer pricing" > game that the multinational companies are playing which > has real real $$$ implication on the fiscal side and is > not limited to GDP statistics... > > Well I guess it's "professional journalism" not some > random internet rant :). > > Laurent > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
