Relevant and even prescient commentary on news, politics and the economy.

Links to debate on full employment/inflation

From Steve Randy Waldman’s Interfluidity current post: Scott Sumner responds. Related — elsewhere: Tyler Cowen — Why are the high growth countries so often the high inflation countries? Kevin Erdmann — 1970s vs. 2000s: Gender Effect Edward Lambert — Has the Fed rate done a good job to balance inflation over the years? Edward Lambert […]

The Advantage to Sin Taxes is Relatively Low IED

My Loyal Reader notes that the economic survival of Zimbabwe’s current government is now largely dependent on sin taxes: As he presented his revised 2009 budget to parliament, Finance Minister Tendai Biti noted that “indirect taxes made up of customs and excise duty have contributed 88 percent of government revenue, which means that the government […]