…CDS loss. Total loss, $14mm (against a potential $30mm loss without the program) U.S. Treasury loses $22.75mm. I would have thought by now that economists would know what happens when…

cross posted from ataxingmatter Madoff’s ponzi scheme tax losses and union workers’ home losses Wall Street has not had a good year (and of course, the taxpayers have borne the…

…$700B in stimulus from them alone. (Brad DeLong estimated $500B, but that was based on E(loss) around $100B. Even his worst case—$400B loss—would imply an $875B economic gain even in…

…economic loss forced on the young by the $17t “backward transfer”, that protends loss of future political support for SS. * Spreading that loss to the young (inevitable as it…

…a fraction of the static revenue loss, that which would result from no effect on consumption or incentives. A 2004 study by Harvard economists N. Gregory Mankiw and Larry Weinzierl…

…on the economy will be the loss of equity extraction (The Home as ‘ATM’) and the loss of real estate related jobs. I will revisit the impact of the loss…

…from a job loss, nearly all of the burden of coping with that loss should fall on that family. Liberals believe in the social safety net more generally, for example…

…of time because the Army is running out of troops who are willing to enlist. The US Army has instituted a comprehensive stop-loss order for every unit that is scheduled…

…job losses in IT? I would argue that nearly all of those job losses are due to the end of the massive internet technology bubble of the late 1990s, coupled…

…job loss’ approach (Bowles, 1985), as its title indicates, is based on job loss, and not on fewer hours worked. It appears as though the efficiency wage theorists are content…