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GDP, GNP, and foreign investment

A few of you have written me to ask what I think of Paul Krugman’s recent posts on tax reform and evaluating it by gnp rather than gdp, the latter being an emphasis in the GOP literature.  Paul notes correct that a lower corporate rate will attract foreign investment, and the returns to that investment, […] The post GDP, GNP, and foreign investment appeared first on Marginal REVOLUTION.
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