…dramatic economic growth is nonsense (for details about why, see previous posts about the international evidence, the strength of the post-tax cut recovery, the budgetary effects of the tax cuts,…

…effects, and less than 1% of people using them become addicted.” Again, no mention of a “hospital setting.” Purdue’s OxyContin, originally sold in 80 milligram tablets, was appropriate, its label…

…Hunter Harrison, who pioneered a new business model called “precision-scheduled railroading,” or PSR, that has now been almost universally adopted by the nation’s major railroads. Despite its label, PSR has…

…I oppose such rates as they would have bad incentive effects. I think in this case, the tax has good incentive effects as the general lesson people will take are…

…common for these same conservative politicians to claim that we should give tax breaks to companies to get them to relocate no matter that the job effects on the previous…

…suppose for a moment that we gloss over a host of theoretical problems with the argument of the supply-siders (e.g. their evidence-free assumption that substitution effects of tax cuts outweigh…

…effects in my list. Personally, I think that financial markets are diversified enough (both physically and monetarily) that the financial effects of any particular terrorist attack are quickly erased. In…

…which discourage growth, and these negative effects are probably at least as large as the positive effects. First, while lower taxes increase the incentive to work because the hourly return…

…nominal mortgage interest rate is higher than an equal maturity nominal default risk free rate. Then this risk premium has effects and Fed purchases of RMBS have portfolio balance effects….

…and long-run effects of policy rate changes upon inflation. The Fisher Effect represents the long-run effects. There are nice comments under his post. “…this is the clearest and most lucid…