by Mike Kimel Tax Rates and Economic Growth Over Ten Year Time Horizons, plus Why a Flat Tax Would Result in Much Slower Economic Growth Last week I had a…
…what textbook economics says to expect in an economy experiencing an improvement in its productive capacity. And I do mean textbook economics. Here’s a figure from one of the leading…
…The Huffington Post reviewed the mastheads of the American Journal of Economics, the Journal of Economic Perspectives, Journal of Economic Literature, the American Economic Journal: Applied Economics, American Economic Journal:…
Barack Obama wanted to galvanize Democrats when he insisted this week that his economic policies are on the ballot in November. Instead, the soundbite has already become the centerpiece of…
…economic forecasting has almost no value one year out, the forecast of an economic pundit having a margin of error of +/-4.6%! Specifically with regard to 2007, while (he says,…
…It’s more like the sub-basement of Fukushima Three. Accounting is economic modeling. And economic modeling is inevitably rhetorical, hence political. To quote Michael Hudson and Dirk Bezemer: “Capital” gains do…
…dollars onto the asset side of household-sector balance sheets. Absent an aggregate accounting that includes capital gains, and economic theory incorporating those measures, the economics of this conundrum are conceptually…
…crossed over to environmental economics from the idea of decoupling economic growth from energy consumption. See, for example, Loren Schmid (1975): Past evidence has indicated that there is a direct…
…https://twitter.com/cspan/status/1968383292446498969?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1968383292446498969%7Ctwgr%5E819f15619c7a6ea51f752813dcfba0990e1822aa%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.commondreams.org%2Fnews%2Ffederal-funds-rate Daniel Hornung, who held economic policy roles during the Obama and Biden administrations and is now a policy fellow at the Stanford Institute for Economic Policy Research, said in…
…the newly codified economic substance provision–Download ABA Economic Substance. Comments on Notice 2010-62. The working group was led by several people, including Michael Desmond, who just happened to be at…