Top marginal taxation and economic growth by Santo Milasi and Robert Waldmann has (finally) been published here in Applied Economics ABSTRACT The article explores the relationship between top marginal tax…

…an approach to economics that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive non-market…

Parsing the Poland Problem Paradox: Local Versus National Outcomes As argued in numerous posts here, we have seen an apparently emerging disconnect between economic conditions and political outcomes in a…

…role that work time reduction plays in mitigating social, economic and political inequality. Although this theory has been systematically refuted, it continues to dominate economic thinking and consequently public policy…

…short-term impacts and their model has Keynesian features. For some reason, this offends Robert Scott of the Economic Policy Institute (EPI): This EPI report explains why the actual economic impact…

February jobs report: the first sign of the economic slowdown spreading to jobs? HEADLINES: +20,000 jobs added U3 unemployment rate -0.2% from 4.0% to 3.8% U6 underemployment rate -0.8% from…

A Very Erroneous Chart in the Economic Report of the President Menzie Chinn has been reading the latest Economic Report of the President and finds a very erroneous and misleading…

In which I nitpick Prof. Jared Bernstein about a consumer “economic tailwind Last Friday, following the release of May’s personal income and spending report, Prof. Jared Bernstein, whom I follow…

Quick hits on a major Thursday economic news blitz There has been a ton of significant economic news this morning. I’m not going to be able to get to all…

Bloomberg’s Plan for Addressing Economic Inequality: not a wealth tax A bit ago (Jan 8, 2020), the New York Times described Michael Bloomberg’s plan1 for addressing the income and wealth…