Andrew Leahey teaches tax, public law, and the regulation of technology at Drexel Kline School of Law and writes Technically Speaking for Bloomberg Tax.
I tend to think I’m pretty smart. Of course, that feeling only really flourishes in the periods between someone asking me what’s going on. “With the election,” at times—sometimes it’s “with the courts.” God help me, if it becomes “with the country.” That’s when the gears start to slip. And they’ve been asking more often.
By Andrew Leahey
If you visit leahey.net you’ll now find it redirects to this site. This is the culmination of twenty years of patient waiting and setting reminders on my calendar for dates in the distant future when it might expire.
Today I had the pleasure of attending a continuing legal education (CLE) class. For those of you that aren’t attorneys, CLEs are professional education courses required for attorneys and some other legal professionals to maintain their licenses to practice law.
Why, why, why “the money’s not here…. Your money’s in Joe’s house! Right next to yours!” But, that isn’t how money works – George Bailey owes us an explanation if that is his real name. In lieu of George showing up and explaining it to us, we can take a high level look at how money is created. This examination is timely, as commentators and some policy makers seem to imagine the Federal Reserve…