Edmund Phelps: reforma tributaria tiene gran desventaja

The video discusses the uncertain benefits of corporate investment without innovation, highlighting the risk of diminishing returns. It critiques the lack of economic understanding in Washington and examines the potential benefits and uncertainties of repatriating corporate profits. The video also raises concerns about the impact of reduced tax rates on the fiscal deficit and future public spending, suggesting that these policies may lead to a more serious debt problem.

What are the potential consequences of corporations running into diminishing returns?

In what ways has the understanding of economics been portrayed in Washington according to the text?

What uncertainties exist regarding the repatriation of corporate profits?

How might reduced tax rates on corporate profits affect the fiscal deficit over the next decade?

What is the significance of corporate profits in relation to national income?