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

Some @*$&s Write a Letter

by Mike Kimel Deficit numbers for CEA chair signatories on the deficit letter Cross-posted at Presimetrics Title updated I’m kind of late to this, but apparently ten ex-chairs of the President’s Council of Economic Advisors decided to share their opinion about the national debt with the rest of us. There’s been commentary here and there […]

Japan: The Post-WW2 Rise, the 1980s Peak, and the Decline – A Simple Theory

by Mike Kimel Japan: The Post-WW2 Rise, the 1980s Peak, and the Decline – A Simple TheoryCross-posted at the Presimetrics blog. A lot has been written about the disaster in Japan. I don’t have much I can add to that, except that like everyone else (or at least everyone civilized), I am so very sorry […]

Going Galt in 2011 – I Guess Atlas Shrugs Was Right

by Mike Kimel Going Galt in 2011 – I Guess Atlas Shrugs Was Rightcrossposted at the Presimetrics blog A couple years ago, there was a small spate of commentary of folks by conservatives and libertarians about how, if the Bush tax cuts weren’t renewed, we’d see a bunch of highly productive people going Galt. In […]

Canada too! Part two

by Mike Kimel Canada too! Part twoCross posted at the Presimetrics blog. In response to my post commenting on Frances Woolley’s post, Frances Woolley left the following comment: On WCI, one of the commentators suggested that the Liberal/Conservative growth differential is partly due to differences in military spending. In Canada where we don’t have a […]

Canadian economic growth is about two percentage points higher under Liberal governments

by Mike Kimel Canadian economic growth is about two percentage points higher under Liberal governmentsCross posted at the Presimetrics blog. Frances Woolley has a piece in Worthwhile Canadian Initiatives that begins like this: Canadian economic growth is about two percentage points higher under Liberal governments. At least, that’s what my colleagues Stephen Ferris and Marcel […]

Are Republicans or Democrats Better for the Economy?

Barry Ritholz’s The Big Picture carries a link to Presimetrics in the Reads to start your week section of his blog and Mike has been asked by Barry to post a chapter in the book section. Dan says: Mike’s book is one that people need to study and not skim to reinforce a dearly held […]

A Few Graphs Describing the Reagan Presidency

by Mike Kimel A Few Graphs Describing the Reagan PresidencyCross posted at the Presimetrics blog. On February 6, 2011, Ronald Reagan would have been turned 100 years had he been alive. In this post I’d like to share a few graphs from Presimetrics (the book I wrote with Michael Kanell, with graphs and illustrations by […]

Tax Rates v. Real GDP Growth Rates, a Scatter Plot

by Mike Kimel Tax Rates v. Real GDP Growth Rates, a Scatter PlotCross posted at the Presimetrics blog. This post was submitted by Kaleberg. In this post, I will look at the relationship between top marginal income tax rates and real GDP growth using a scatter plot. I am inordinately fond of scatter plots. The […]

How Tax Rates Affect Investment and Consumption – A Look at the Data

by Mike Kimel How Tax Rates Affect Investment and Consumption – A Look at the DataCross posted at the Presimetrics blog This post looks at how changes in the top marginal tax rates affect peoples’ decisions on how much to consume and invest. Ask a libertarian or conservative economist and the answer is obvious – […]