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

You searched for: label/ACA litigation; Thomas More Law Center; Jeffrey Sutton; Sixth Circuit Court of Appeals; Ginni Thomas; Clarence Thomas

Democrats See the Glass as Half Full

Could someone help Thomas Nugent with his writing: Obviously, the out-of-power Democrats on the committee see the glass as half full, so one would have expected them to focus on…

What Tax Cut?

…also saw twenty-five years ago the publication of “Some Unpleasant Monetarist Arithmetic” by Thomas Sargent and Neil Wallace that declared the reduction in current taxes back then would lead to…

Drezner on the Net Income From Abroad Puzzle

Apparently, I was not the only one reading this paper by Matthew Higgins, Thomas Klitgaard, and Cédric Tille: Although the United States has seen its net liabilities surge in recent…

The Net Income From Abroad Puzzle

…to anyone who has read Nouriel Roubini and Brad Setser. But anyone familiar with the 1981 Unpleasant Monetarist Arithmetic of Thomas Sargent and Neil Wallace (or basic finance) has to…

Tax Executives and Intangible Valuation

…in the DHL and Nestle litigations that involved the valuation of intangible assets – as the Court seems to accept the Efficient Markets Hypothesis. Anyone familiar with the nonsense that…

Borrowing as an Alternative to Deficit Financing?

…the highway act, along with billions in similar earmarks to other states. Young said last month that the critics can “kiss my ear.” And I complained about Thomas Nugent earlier!…

Why We Have Governments

One of the most basic reasons why we have a government is for the reason articulated by Thomas Hobbes over 350 years ago: without government, we would be in a…

Keynes v. Smith – in Defense of Nixon

Mark Thoma points out to Thomas Bray that accepting a Keynesian view of macroeconomics does not mean one has to abandon Adam Smith’s view of microeconomics. Mark also points out…