No, it’s not a sports score. It’s the number of $100 million incentive packages offered in each place beginning in 2010. This is based on my first paper to use the February 2015 update of Good Jobs First’s Megadeals database (you can download the entire update in spreadsheet form). I’ve said before that U.S. investment […]
Well yes it is, and something of a constant theme of mine here at Angry Bear. But here is a chance to read the argument in the hands of real experts at CBPP, including Paul Van de Water who formerly held top positions at both SSA and CBO and is kind of a mentor of […]
To be sure, after distancing himself from Romney’s formulation, Bush launched into a speech that was loaded up with the usual anti-government boilerplate. Bush did say that “only a small portion” of Americans are “riding the economy’s up escalator,” in keeping with his apparent goal — which is shared by other GOP presidential candidates — […]
Jonathan (FBD) Weisman hands the mike to Paul Ryan who denounces Obama’s trickledown envy economics Mr Ryan [skip] also opposed “envy economics,” a hit on Mr. Obama’s proposals to curb tax breaks on huge individual retirement accounts, to raise the capital gains tax and to tax inheritances based on the value of assets when they […]
Videos below the fold. I caught Edward Kleinbard the other morning on Cspan. He is a professor of law and business at USC and a fellow at the Century Foundation. His book: We are better than this: How Government Should Spend our Money. If you google his name, articles will come up from October 2014. […]
Nick Rowe wonders why no one talks about price controls any more. I think this is related to his discussion of the gigantic influence of Milton Friedman on new Keynesian macroeconomics. See also this. Due to the same exchange, I recall tax based incomes policy. IIRC Paul Samuelson and especially Robert Solow were quite enthusiastic […]
As often, Paul Krugman has an extremely interesting thought. Discussing the sudden end of the Swiss Franc Eur peg he wrote This in turn helps us put the explicit exchange rate target into the right slot: it was about making QE effective through commitment, so that you got the maximum impact on expectations. Actually, the […]
Barack Obama has released the details of a fairly radical proposal to increase tax progressivity which he will make in his state of the union address. The political impact will dwarf that of Chris Van Hollen’s proposal (which I am sad to say, has been quite dwarfish already). I am very enthusiastic about this. Even […]
Well, I should have taken my own advice and not waited until the last minute to submit my own comments on the proposed standards for government accounting of subsidies. But, at long last, they are in. Below please find them in their entirety. Director of Research and Technical Activities Project No. 19-20E Government Accounting Standards […]