Tag: stock buybacks

  • Passing the Buck: Why We Pay More But Make Less Part 13: How We Got Here

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    Part 13 of Passing the Buck, a 15-part series on why we make less but pay more. The structural picture this series has been building was assembled over roughly fifty years, through a sequence of policy changes that, taken individually, were always defensible on some narrow technical or ideological ground, and that taken together added…

  • Passing the Buck: Why We Pay More But Make Less Part 11: Who Profits?

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    Part 11 of Passing the Buck, a 15-part series on why we make less but pay more. The ten installments before this one traced where the money goes — the categories where household spending has grown, the mechanisms by which it has grown, and the structural reasons for the growth. This one is about who…