by Mike Kimel People always talk about the Laffer curve, but have you ever seen it estimated? Have you ever wondered why you don’t? If you’re a quant guy, you know the answer to that. Because if you’re a quant guy, at some point curiosity must have gotten the best of you. That means you […]
Matt (Dalton, Harvard) Yglesias, via Aaron Carroll’s note that he should move into another line of work), accidentally gives the Education game away: the Dread Evil Neoliberal School Reformer Barack Obama And His Lackeys At The Center For American Progress Yep, Matt has been doing great things for education. As, of course, has CAP, in […]
by Linda Beale Perry Proposes (no surprise) a flat tax…. Rick Perry, one night after what has been termed an ‘invigorated’ debate performance, has climbed on the flat-tax bandwagon (presumably meaning a flat-rate consumption tax a la the national retail sales tax idea). See Tumulty, Rick Perry to Announce Flat Tax as Part of Economic […]
by Rebecca Wilder German industry is plugging away. Ending in August, the 3-month average of the seasonally- and calendar-day adjusted volume of industrial production (excluding construction) maintained a quick 8.3% annualized pace. Even if this core measure of industrial activity falls another 1% in September, the Q3 quarterly annualized pace would be 10.5% – a […]
“Just when I thought I was out… they pull me back in” I tried to resist asking “what does “Nominal GDP targeting even mean.” I managed, but now Krugman is burying the hatchet and I am digging it up. So what is the proposal ? That the Fed have a target for 2012 nominal GDP […]
So today I read at the Yahoo Finance (it’s my home page because I can look at the stock numbers on the left and read the headline on the right for a guaranteed laugh) that John Mauldin thinks the OWS would be better off if they occupiedCongress: Mauldin believes America still has time to figure […]
Via Lindsay Beyerstein on Twitter, The Onion should now go out of business: AIG knows a thing or two about bad publicity. Now, a subsidiary of the bailed-out insurer is offering a new type of coverage to defray the cost of bringing in outside experts when a company faces a potential public-relations crisis. That’s right. […]
by Mike Kimel Thanks to Linda Beale, I headed over here: The George W. Bush Institute announced today that Amity Shlaes has been named director of the 4% Growth Project, a key part of the Institute’s focus on economic growth. Miss Shlaes will open the project’s office in New York. The aim of the project […]
This piece offers an understandable comparison between wages and dividend income and neatly summarizes the cost to wage earners. (h/t Mike Kimel) by Peter S. Meyers Myers Urbatsch PC A Warm Wind At the Backs of Some, Generated Off the Backs of Others Yesterday, I learned in this Mother Jones article that workers have increased […]