…appears inelastic to returns on various financial assets. Capital income taxes are passed on through reduced capital accumulation, or higher markups, or some combination. The Keynes-Ramsey Rule for optimal savings…
Dennis Hastert just said that there is not and never has been a Hastert rule. He insists that he never had a rule that only bills supported by a majority…
…effective demand policy rule. I subtract the Fed Funds rate from the ED rule rate (ED-FF). The graph shows that the Fed Funds rate rose above the ED rule in…
…and the Winner-Take-All Rule The political realignment of the South is unquestionably the single most striking development in American presidential politics since 1948. Once a solid bloc of Democratic electoral…
The so-called Gephardt Rule (in honor of Representative Dick Gephardt who introduced its first version) provided that when the House agrees to a budget resolution, the Clerk shall prepare a…
…EPA on Thursday. They seek to block an EPA landmark rule requiring sweeping reductions in carbon emissions from existing coal-fired power plants and new natural gas plants. The rule, finalized…
…Auth Rules Would Be Made Public Under CMS Proposal, MedPage Today Medicare Advantage plans’ prior authorization rules and coverage criteria would become publicly available under a proposed rule issued Tuesday by the…
…asserting the power to declare a separate holiday on top of the one authorized by statute to celebrate the rule of law. Despite the president’s perfunctory platitudes about the rule…
…rule had an immediate chilling effect on industry investment in “advanced recycling” that’s thawing now that it has been withdrawn. Our Take: The proposed rule was effective because it would have required companies…
…on proposed marketplace rules. Last year, the Trump administration allowed just 30 days for comments on its 2026 proposed marketplace rule. The same is true for the 2027 proposal. Nevertheless,…