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Economic Freedom Matters for Intergenerational Income Mobility

CFO News Room

There is also a great deal of empirical evidence suggesting that it is a relevant economic fact. In our article in the Southern Economic Journal , Justin Callais and I argue that economic freedom (our proxy for institutions) is a powerful force to enhance income mobility. This explanation is elegantly simple.

Economics 130
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Cybersecurity spending slows amid economic headwinds: report

CFO Dive

Average security budget growth was lowest in cyber-mature sectors, such as tech, finance and healthcare, according to the research.

Economics 235
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Security budgets rise more than in 2022 despite economic headwinds

Future CFO

Security budgets are forecast to net increase by 29% in 2023 compared to a year ago, after a 26% rise in 2022, said S&P Global Market Intelligence recently when releasing the report of the Voice of the Enterprise: Information Security, Budgets & Outlook 2023 study.

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Top EPI reports of 2021 focused on economic injustice and its remedies

CFO News Room

Top EPI reports of 2021 focused on economic injustice and its remedies. As the nation pivoted to recovery, readers sought information on ways to remedy the economic injustices laid bare by the pandemic. Posted December 16, 2021 at 9:00 am by Lora Engdahl. Here’s a countdown of EPI’s most-read reports in 2021.

Economics 130
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The Mentoring Round | Naresh Bansal, CFO, Menlo Security

CFO Thought Leader

He discusses how his role shifted towards more strategic capital allocation, particularly in response to changing economic conditions such as those brought about by the COVID-19 pandemic, underscoring the need for CFOs to be agile in their financial strategies.

CFO 52
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How CFOs must deal with China's economic slump

Future CFO

China is currently facing an economic slowdown following the pandemic, which have raised concerns among ratings agencies that led to a downgrade in the country’s debt outlook. This means keeping sufficient cash reserves and securing flexible credit facilities to ensure operational resilience amidst market volatility.

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A record share of earnings was not subject to Social Security taxes in 2021: Inequality’s undermining of Social Security has accelerated

CFO News Room

Social Security payroll taxes are not collected on earnings over a set cap. In 2021, this cap was $142,800 , so workers making more than this enjoyed the benefit of zero Social Security taxes on all earnings in excess of this cap. Social Security’s payroll tax—of which employees pay 6.2% and employers 6.2%