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Tale of Two Tax Cuts

investment demand. Most of us Keynesians expected an even more rapid return of export and investment demand than actually occurred given the Federal Reserve’s expansionary monetary policy. Has there been…

GDP Growth: First Quarter 2005 Advance Estimate

…the past couple of years has been driven by investment spending, both by businesses and on housing. But business spending slowed markedly in the beginning of 2005, and residential investment

Tyler Cowen and Rubinomics

…(as in 1933 and 1934) that there is no investment anyway: if business confidence is already at its nadir, deficit spending cannot do any harm by reducing investment, and does…

Fourth Quarter GDP Growth

…Although the boom in residential investment (i.e. new housing construction) seems to have tapered off toward the end of 2004, business spending on nonresidential investment goods remained quite strong. Combined…

DeMint’s Social Security Proposal

…an old Archer-Shaw proposal that was strongly criticized by Andrew Biggs in this Cato publication: The Archer-Shaw plan would let individuals make investment decisions, thereby reducing the likelihood of political…