…discovered the probable source of the stock explanatory supplement to the fallacy claim, “their theory is that the amount of work to be done is a fixed quantity…” which appeared…

…has positive effects next year too. Of course, at some point, the future effects of today’s tax rates dissipate. Not having a precise theory, it probably pays to consider several…

Over at Econospeak is a fascinating conversation of arcane economic thinking: Peter Dorman at Econospeak states: I have just taught the theory of the supply curve at the principles level…

…? Is there anything to be done ? In theory, this problem has been solved. It is now possible for home buyers to hedge. It is also possible for professional…

…easing? In response to this question, BCA Research (article not available) presented a version of the quantity theory of money. They looked at the simple linear relationship between the average…

…unfortunate attribute of not being true. We have achieved growth more consistently in periods of higher taxes, not vice versa. The “theory” on which the “tax cut equals growth” rests…

…tax burden did not lead to faster growth. In fact, the data shows that, contrary to theory, real economic growth tends to be slower following cuts in the tax burden…

…Michael Kanell which will be released in August, I’ve had some posts whose results contradict standard economic theory. In some cases, readers have insisted that the results must be some…

…is to say by bank credit, if the public deficit is going to be reduced. This is a fact of accounting. It is not a matter of theory or ideology;…

…It is “friction” and it is used as a general argument that empirical rejection is not a big problem for a theory. My thoughts after the jump. Isaac Newton presented…