Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/21st Century economic philosophy

Low Cost & the 100/100 Plan Revisted

…current Administration thinking is that we should strive for specific economic outcomes through deliberate policy actions. Why not include Social Security solvency via economic growth as one of those outcomes?…

Down under observations

…and it has brought them better economic security than what they were experiencing beforehand. Naturally, such economic changes came at a price, and many mistakes were made and many people’s…

Economic theory and workers

Michael Perelman at Econospeak and here has thoughts on the role of the worker in economic theory I found interesting. An August 8, 2008 search of 73 economics journals collected…

Added commentary on questionable economic analysis

Moon of Alabama used this chart to chat about Schlaes. GDP numbers according to the Bureau of Economic Analysis (bigger graph) A. Smoot Hawley Tariff ActThe first misstep according to…

Misrepresenting the Economic Views of Liberals

economically ignorant … Liberals don’t understand economics, but that doesn’t stop them from following a “liberal economic theory.” This theory is fallacious in its assumptions that the “rich” (who, according…

The Budgetary Effects of the Bush Tax Cuts

…between tax cuts and economic growth. The 2003 tax cut was indeed followed by economic expansion, but the 2001 tax cut was followed by economic contraction. How can we conclude…

Greenspan Highlight Reel

…likely would be accompanied by some economic stress, though the macroeconomic implications need not be substantial. This was a fairly upbeat assessment of the state of the US economy, I…