…cap on the Social Security payroll tax, and you also want to increase capital gains. A: In terms of raising the cap on the payroll tax, right now everybody who’s…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

…lots of economists think that more trade can be (but isn’t always) a good thing, please read on. I’ve just finished reading yet another paper on trade and growth. The…

Richard Baldwin at VoxEU introduces a new book on “great trade collapse” before the WTO meeting occurring shortly. Re-posted with attribution: The Great Trade Collapse World trade experienced a sudden,…

…A per capita rebate does this efficiently, fairly and transparently. 6. The main threat to the level of economic activity is the massive capital writeoff that such a carbon policy…

…lifecycle, electric cars have vastly lower carbon emissions than ICE cars. But this is a book about upfront carbon, not operating emissions. We simply do not have the carbon budget…

…Global Employment and CO2 emissions Inside Externalities Two competing policy frameworks for regulating carbon dioxide emissions are carbon taxes and cap and trade. Both are grounded in a property rights…

…lose out from trade. Furthermore, if we try to help the losers from trade by limiting trade, then we will just create new economic losers, in industries that depended on…

…because American income increases. * Import Certficates by a trade deficit country don’t cause a trade war. They tie imports to exports. Any trade-surplus country that tries to counter the…

Robert Waldmann Doug Elmendorf says that the costs of cap and trade will be miniscule and does not try to estimate the benefits. Juliet Eilperin of the Washington Post demonstrates…