Looking at data on American multinational companies from 1982 to 1999, the economists found that tax havens boosted economicactivity in nearby non-havens rather than diverting it.
Global energy consumption is expected to increase by about 50% between now and 2035 due to population growth and increasing economicactivity, with non-OECD countries accounting for 84% of this increase.
Although such payments may be justified as part of a social safety net, rewarding non-work and penalizing productive effort reduces jobs and economicactivity.
As a result of this relationship between insured individuals and non-participants it appears that merely living is an economicactivity in terms of healthcare and health insurance.
Desperate to straddle the alleged middle ground between free markets and economicactivity managed from the Commanding Heights, the authors make a muddle of a non-argument underlaid by a contradiction: government and business must team together to bring back manufacturing.