…spending. This last sentence was reminscient of a critique of the 1981 tax cut made by James Tobin who worried that the crowding-out effects from a tax cuts announced to…

…“The Effects of Investing Social Security Funds in the Stock Market When Fixed Costs Prevent Some Households from Holding Stocks” (American Economic Review, March 2001 and NBER Working Paper 7739):…

…inflation in the near future. Much of the apparent progress against inflation has resulted from the temporary side effects of tight money and high real interest rates. These side effects…

…the slowing of refi activity, and has no economic impact whatsoever. 2. Another cause has to do with the effects of cash-out refinancings. People built up large balances in their…

…White House Media Affairs. Z lowballs the interest rate effects of higher deficits–and manages not to talk about the savings and investment effects at all. W mutters in the privacy…

Ephedra Ban Today, the FDA today banned Ephedra, a substance that has no documented beneficial effects and some documented side effects: Manufacturers of the supplement insist their product is safe…

…Econ 101 flashback, the first effect is the substitution effect and the second is the income effect). If the two effects are roughly equal in magnitude then the amount people…

…theories. The dynamic part says that in computing the costs and benefits of a tax cut, you have to factor in the dynamic benefits of the stimulative effects that tax…

…of those studies found quite significant effects on economic activity going forward so that one could raise the economy’s growth rate by a couple of tenths of a per cent…

…current standard of care treatment of diabetes has any beneficial effects. This was not and is not an open question. It isn’t really surprising that the effects of proposing treatment…