…they are above 50% has a (not particularly strong) negative effect on people’s “invest v. consume” decision. Put another way – conservatives and libertarians have a very, very flawed theory…

…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…

…and a link to data sources here.) That fits very well with Keynesian theory of all stripes. On the other hand, it doesn’t fit with libertarian, Austrian, or conservative economic…

…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…