…incomes double, is unnecessary. Max noted that if the marginal utility of private goods (P) also exhibit diminishing marginal utility, then a strong case for a progressive tax system follows….

…so we should be talking about tax shifts and not tax cuts for everyone. Maybe Luskin does not understand that permanent tax cuts require reducing the size of the government,…

…administration’s “axis of evil” label, accusations that Iran harbors al-Qaida terrorists, and threats of sanctions for the country’s nuclear ambitions. Historically, Democrats have harmed Iran more than Republicans, said Hasan…

…that the actual song is “Let’s Get Retarded”, and “Let’s Get it Started” is the radio version, have the Democrats at long last cast off the political correctness label? AB…

Another Shrill Economist Shrill is, of course, the word conservatives often use to label an economist when said economist makes a case that they cannot refute with logic or data….

…to avoid the label of a liberal bias? The NYT? Somehow I don’t buy that one… Now the standard response is to talk about Jeff Gerth and the NYT’s role…

…Now, they’re expecting 3.6 percent GDP growth in 2004. The improved projections are attributed to the tax cuts (which are in fact somewhat stimulative, though that stimulus may come at…

…like that. Four, and perhaps most important, is also the point I’m not positive on, as I’m not a tax expert. But as I understand it, changes in the tax…

It’s really hard to kill this meme. Note the label on this graph from today’s Free Exchange post: Now change that heading to read “Business borrowing.” Sort of gives a…

…some doubt on the usefulness of such labeling. For example, the label “cyclical” often implies — whether implicitly or explicitly — that declines in the participation rate explained by “cyclical”…