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 is a potential consequence of corporate investment without innovation?

• Increased profits

• Diminishing returns

• Lower taxes

• Higher employment

What is the perception of economic knowledge in Washington according to the speaker?

• Lacking in understanding

• Moderately informed

• Experts in economics

• Highly knowledgeable

What is considered a positive step regarding corporate profits?

• Increasing tax rates

• Reducing innovation

• Repatriating profits

• Expanding overseas investments

What is a potential negative outcome of reduced corporate tax rates?

• More public spending

• Lower national debt

• Higher fiscal deficit

• Increased innovation

What criticism does the speaker have regarding Trump's policies?

• They increase corporate taxes

• They reduce public spending

• They are likely to be costly

• They are too innovative