…we don’t tax people at X pennies/Joule, instead we tax consumption or income or property, none of which have any necessary connection to actual amounts of work or for that…

…by the fact that the tax multiplier is 3, meaning that a 1% change in taxes will change GDP by about 3% over time. More recent research (Barro & Redlick,…

…represents the beginning of modern economics or political economy – even he was so thrilled by the recognition of an order in the economic system that he proclaimed the mystical…

rdan Trade policy and actual trade are related but different matters. This post from last year caught my eye, partly due to the discussion on tires from China. While any…

…and sometimes appear to relegate fairness to the corner for hobgoblins of small minds. So I wonder if this book, and its recognition of the overriding importance of fairness to…

…time has come and will allow us to enjoy and appreciate our local streams and rivers, while staying healthy. This sort of recognition of the problem will get people to…

…where total bullish positions now stand at $568 billion. […] That this large, bullishly oriented group of funds is flourishing is partly a result of a regulatory anomaly. In recognition…

…this may indeed happen, the public’s reaction last year against politicians who simply noted the deep problems of the system, and the absence of even a recognition of the underlying…

…of Excellence for Psychological Health and Traumatic Brain Injury provided official recognition of the seriousness of the issue. That’s 12,000 veterans a year — VA patients — trying to kill…

Martin Luther King Day organization asks for action, not vacation and a three day weekend. Dr. Martin Luther King, Jr. sought to forge the common ground on which people from…