Find all of the following, explained in plain-English with no legal jargon:Business Taxation 101: A brief primer on tax topics in general, especially as they apply to businesses.Home Office Deduction: How to ensure you qualify for it and how to calculate it.Estimated Tax payments: When and how to pay them, as well as an easy way to calculate each payment.Self-Employment Tax: What it is, why it exists, and how to calculate it.Business Retirement Plans: What the different types are, and which one is best for you.Numerous Business Deductions: Several deductions explained in detail, including how to make sure you can qualify to take them and how to maximize them.Audit Protection: Learn what records you need to keep (and how long to keep them) in order to protect yourself in case of an audit.

    Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics."These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic LiteratureRonald H. Coase was awarded the Nobel Prize in Economic Science in 1991.

    

    The author argues that, following the Industrial Revolution, two distinct societies were created in the USA: rich and poor, proprietors and labourers, city dwellers and farmers.

    How is the European Union's biggest and most powerful economy making a clean break with coal, oil and nuclear energy? It is something most Americans would say is impossible, but already 25 percent of Germany's energy comes from renewable sources. It is on track to reach 80 percent by 2050, and some experts say it could reach 100 percent by then.Germany's energiewende, or energy transformation, is really a very American story that revolves around self-reliant individuals, a responsive democracy, and a national can-do vision. The book tells this remarkable and important story in a narrative directed to ordinary readers.

    This is not in dispute. By exactly what mechanism has China managed to grow so fast? There is more room for debate on this question. A widespread view is that private entrepreneurship, financial liberation, and political reforms played a minor role in explaining China's economic takeoff. Based on archival research and survey data, this book offers an alternative view: Private entrepreneurship, facilitated by access to capital and microeconomic flexibility, was at the center of China's takeoff in the 1980s. The political system, then as now, was authoritarian, but it was moving in a liberal direction. China lacked well-specified property rights, but it substantially improved security of proprietors. But given this initial success, how then to explain the substantial distortions in Chinese economy today? The key to getting the China story right is to recognize the existence of two Chinas - an entrepreneurial rural China and a state-controlled urban China. In the 1980s, rural China gained the upper hand, and the result was rapid as well as broad-based growth. In the 1990s, urban China triumphed when the Chinese state reversed many of the productive rural experiments of the previous decade. While this reversal does not show up in the GDP numbers, it shows up in the welfare implications of growth. Since the early 1990s, household income has lagged behind economic growth and the labor share of GDP has fallen. Social performance has deteriorated. The directional liberalism of China in the 1980s and the emerging India miracle today debunk the widespread notion that democracy is automatically anti-growth. As the country marks its 30th anniversary of reforms in 2008, China faces some of its toughest economic challenges and vulnerabilities. The long overdue political reforms are required to improve governance and accountability and to put China on a sustainable path of development.Professor Yasheng Huang teaches political economy international management at the Sloan School of Management, Massachusetts Institute of Technology. He previously held faculty positions at the University of Michigan and at the Harvard Business School and as a consultant at the World Bank. He has published Inflation and Investment Controls in China (1996), FDI in China (1998), and Selling China (2003; Chinese version in 2005). His work on FDI in China has been featured in the Wall Street Journal, the Economist, Bloomberg, Businessworld, Le Monde, Economic and Political Weekly, and Economic Times, as well as in Chinese publications such as Nanfang Zhoumo, Nanfang Dushibao, Economic Observer, Global Entrepreneur, China Entrepreneur, Fortune Weekly, 21st Century Business Herald, Liangwang, and Xinhuanet. In addition to academic journal articles, he has written for Financial Times, Foreign Policy, and New York Times. In collaboration with other scholars, Professor Huang is conducting research on education and human capital in China and India, and non-performing loans, privatization, and entrepreneurship in China. At MIT, Professor Huang runs a "China Lab" and an "India Lab" that help entrepreneurial businesses in China and in India improve their management."Yasheng Huang is an insightful scholar of China's political economy. In this important book, he shows how China's rural economy took off in the 1980s, led by 'township and village enterprises' that were essentially private, only to be ignored in the 1990s by state-led development that focused on urban regions such as Shanghai. The 'Shanghai miracle,' he argues - and as any businessman who has worked there knows - was not the simple triumph of capitalism but of a stronger and more intrusive (and effective) state. If one wants to understand the policy origins of China's growing divide between rich and poor, urban and rural, one need look no further than this book." - William Kirby, Harvard University"Sure to generate a lively debate, Professor Huang's study provides a provocative and well-researched challenge to much current thinking on China's economic development. The widely shared gains of the 1980s have not been matched in more recent years. Danger signs include the stagnation in household incomes, growing inequality and illiteracy, and heightened governance problems. Huang argues that China will not be able to continue to grow unless the benefits of growth are widely shared through fundamental political and legal reforms." - Susan Rose-Ackerman, Yale Law School

    With great detail and care, Garner explains what legalese is, how it can be simplified, and how far legal writers can go in simplifying it. The topics are alphabetically arranged for ease of reference: simply look up any phrase or grammatical category you're interested in, and you're likely to find the final word on the subject. Shortly after the completion of this massively expanded second edition, the late Charles Alan Wright said: The first edition of this book has been praised around the world as both the most reliable guide to legal usage and the most fascinating to read. The second edition outdoes even its predecessor.

    Taxes arouse strong passions, fueled not only by conflicts of economic self-interest, but by conflicting ideas of fairness. Taking as a guiding principle the conventional nature of private property, Murphy and Nagel show how taxes can only be evaluated as part of the overall system of property rights that they help to create. Justice or injustice in taxation, they argue, can only mean justice or injustice in the system of property rights and entitlements that result from a particular regime. Taking up ethical issues about individual liberty, interpersonal obligation, and both collective and personal responsibility, Murphy and Nagel force us to reconsider how our tax policy shapes our system of property rights.

    Like Robert Heilbroner's The Worldly Philosophers, it attempts to explain the core ideas of the great economists, beginning with Adam Smith and ending with Joseph Schumpeter. In between are chapters on Thomas Malthus, David Ricardo, Karl Marx, the marginalists, John Maynard Keynes, Friedrich Hayek and Thorstein Veblen. The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. Adam's fallacy is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends.

    The closest thing he had to a job was eating his parents’ food, sitting on his parents’ couch, and watching The Price is Right. An amateur magician, he spent the rest of his time practicing card tricks and rope tricks. And though he could tie four different slipknots, the necktie posed some difficulties.Rick’s father, a successful Michigan attorney, told Rick it was time to move out and enter the real world. Rick certainly wasn’t going to get a job, so he went to law school instead.This is the story of Rick’s journey from childhood to lawyerhood.In Lawyer Boy, Rick uses the skills he developed as a magician to succeed in class, and learns how to become a lawyer without becoming his father. His journey through law school was exhausting, exciting, and infuriating, and, the way he tells it, so funny it’s criminal.

    As John Micklethwait and Adrian Wooldridge show us, that is a seriously limited view of things. In fact, there have been three great revolutions in government in the history of the modern world. The West has led these revolutions, but now we are in the midst of a fourth revolution, and it is Western government that is in danger of being left behind.Now, things really are different. The West’s debt load is unsustainable. The developing world has harvested the low-hanging fruits. Industrialization has transformed all the peasant economies it had left to transform, and the toxic side effects of rapid developing world growth are adding to the bill. From Washington to Detroit, from Brasilia to New Delhi, there is a dual crisis of political legitimacy and political effectiveness.The Fourth Revolution crystallizes the scope of the crisis and points forward to our future. The authors enjoy extraordinary access to influential figures and forces the world over, and the book is a global tour of the innovators in how power is to be wielded. The age of big government is over; the age of smart government has begun. Many of the ideas the authors discuss seem outlandish now, but the center of gravity is moving quickly.This tour drives home a powerful argument: that countries’ success depends overwhelmingly on their ability to reinvent the state. And that much of the West—and particularly the United States—is failing badly in its task. China is making rapid progress with government reform at the same time as America is falling badly behind. Washington is gridlocked, and America is in danger of squandering its huge advantages from its powerful economy because of failing government. And flailing democracies like India look enviously at China’s state-of-the-art airports and expanding universities.The race to get government right is not just a race of efficiency. It is a race to see which political values will triumph in the twenty-first century—the liberal values of democracy and liberty or the authoritarian values of command and control. The stakes could not be higher.

    And he demonstrates how much better off we'd be by making government much smaller. Most important, he provides a realistic blueprint for getting from where we are now to a small government and a freer, more prosperous society.

    In it, Eric Redman draws on his two years as a member of Senator Warren Magnuson's staff to trace the drafting and passing of a piece of legislation -- S.4106, the National Health Service Bill -- with all the maneuvers, plots, counterplots, frustrations, triumphs, and sheer work and dedication involved. He provides a vivid picture of the bureaucratic infighting, political prerogatives, and Congressional courtesies necessary to make something happen on Capitol Hill. In a Postscript to the 2000 edition, Redman reflects on how that process has, and has not, changed in the thirty years since the book was first published.

    

    This is the history of what was attempted, why those failures were inevitable, and what must be done instead.Every new American President has a plan to bring about peace between the Israelis and the Palestinians, and every one fails. Every “peace process” has failed in its primary objective: to establish a stable and lasting accord between the two parties, such that they can live together side-by-side in friendship rather than enmity. But why? And what can be done instead? While this failure is a consistent pattern stretching back decades, there is virtually no public discussion or even basic understanding of the primary reason for this failure. The Palestinian Delusion is unique in situating the Israeli/Palestinian conflict within the context of the global jihad that has found renewed impetus in the latter portion of the twentieth century and the beginning of the twenty-first. Briskly recounting the tumultuous history of the “peace process,” Robert Spencer demonstrates that the determination of diplomats, policymakers, and negotiators to ignore this aspect of the conflict has led the Israelis, the Palestinians, and the world down numerous blind alleys. This has often only exacerbated, rather than healed, this conflict.   The Palestinian Delusion  offers a general overview of the Zionist settlement of Palestine, the establishment of the State of Israel, and the Arab Muslim reaction to these events. It explores the dramatic and little-known history of the various peace efforts—showing how and why they invariably broke down or failed to be implemented fully. The Palestinian Delusion also provides shocking evidence from the Palestinian media, as well as statements from the Palestinian leadership, showing that negotiations between Israel and the Palestinians will never work. But there is still cause for hope. Spencer delineates a realistic, viable alternative to the endless and futile “peace process,” that shows how the Jewish State and the Palestinian Arabs can truly coexist in peace—without illusions or unrealistic expectations.