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23 Aug 2010, 5:08 am
One way to summarize the group-think among macroeconomists over this time would be: "We know how to deal with recessions, especially severe ones; let's now think seriously about how to improve long-run prosperity. [read post]
23 Dec 2011, 11:22 am
In other words, it might be possible that the death penalty deters contract killings but not murders of passion, and more fine-grained empirical analysis might yet detect such an effect.Notwithstanding that state of affairs, a group of economists published within the last decade a paper claiming to have found not just a deterrent effect in the data, but a huge deterrent effect (along the lines of 13-16 murders prevented by every execution, if I recall correctly). [read post]
6 Jul 2012, 5:08 am
We have gone from "Let's all decide how to come together to accomplish things as a group, and then pay for it," to "Taxation is theft. [read post]
23 Mar 2012, 7:29 am
Even so, Miller's proposal reminds us that we have, for the last century, been giving a pass to a group of taxpayers who never should have been able to take advantage of the realization doctrine. [read post]
11 May 2012, 4:44 pm
This means that there is a large group of Republicans in Congress who simply think they are political geniuses, and thus bullet-proof.Yet these first-termers are still not a majority. [read post]
21 May 2010, 5:17 am
"What made the candidate's refusal to answer so surprising was that this is a man who represents a group of people who claim to view principled consistency as the highest personal and political virtue. [read post]
23 Jun 2011, 1:04 pm
One possibility, of course, is that there are different groups of conservatives, one committed to economic efficiency and others committed to other goals (such as originalism, plain meaning, or whatever). [read post]
12 Mar 2020, 6:44 am
That seems especially inappropriate during a public health crisis, when the wellbeing of individuals depends on the group. [read post]
14 Aug 2018, 9:01 pm
As it turns out, however, even Rubin has some blind spots that need to be cleared up.The NeverTrump Conservatives and EconomicsRubin is among the most prominent NeverTrump conservatives, and she has been among the most resolute in that group in refusing to cave to the Trumpist right. [read post]
19 Oct 2016, 9:01 pm
The reporter, however, somehow decided that this was “a remarkable post-gender punt,” referring to the other groups of people Clinton mentioned as “a laundry list. [read post]
7 Feb 2011, 9:36 am
With the intensifying assault on the last remaining large group of unionized workers (teachers and other government employees), along with calls to cut Social Security and all the rest, there is little reason to expect that any technological breakthroughs -- as great as they might be for other reasons -- will correlate with a return to broad-based gains in incomes. [read post]
11 Nov 2011, 10:46 am
In the latter case, you could levy a 0% tax rate on the non-rich, and collect taxes directly only from the rich, and you would be tempted to say that the rich have "paid for government" -- even if their after-tax incomes were well in excess of $2 million, and even though the non-rich have 16.7% less in pre-tax incomes.What all of this tells us is that the effort to measure separately the costs and benefits of government -- and to attribute those costs and benefits to particular… [read post]
15 Jun 2012, 11:55 am
The internet is helping, too, with the emergence of sites like Angie's List (the existence of which amounts to a group primal scream: "How the hell are we supposed to know whom to hire?! [read post]
17 Dec 2010, 9:38 pm
Obama and his people assert that they'll really, really take this fight to the Republicans in the next presidential election, guaranteeing that the tax cuts for the high end taxpayers -- both the lower rates for the $250k+ group, and the (absurd) watering down of the estate tax from even its degraded state in 2009 -- will definitely end in two years. [read post]
7 Apr 2012, 7:22 am
" This is simply, therefore, yet another example of the problem with defining what it means to be similarly situated.As a matter of fairness, I think the much more relevant comparison group for Macombers and Zuckerbergs is wage and salary earners, who pay taxes when they earn income, than homeowners who take home equity loans. [read post]
12 May 2021, 9:01 pm
I can say that a particularly high-intensity moment came in the summer of 2020, when Harper’s published a letter signed by an ideologically diverse group of writers, who complained about a supposed increase in censoriousness in American culture.As so often happens with these things, it turned out that there was virtually nothing to this supposedly Big New Problem, other than that some authors who had been criticized decided that their critics were being mean. [read post]
15 Jun 2017, 9:01 pm
Even in that simplified argument, however, the anti-supply-side group (that is, almost everyone outside of the Republican Party, conservatives and liberals alike) has the better of that argument, because the examples of anything-but-disastrous tax increases destroy supply-siders’ claims that taxes inevitably kill growth.And certainly the utter failure of Kansas’s supply-side tax cut experiment—a failure so complete that even many frustrated Republicans in the state… [read post]
2 Sep 2020, 9:01 pm
From that date forward, we would be back to a PAYGO system, with annual benefits matching annual revenues.Yet the shocking levels of innumeracy and financial illiteracy among reporters and politicians led far too many people to say that reaching zero in the Trust Fund would mean that the whole system is flat broke.For example, a group called GovTrack.us bills itself as “the leading non-governmental source of legislative information and statistics. [read post]
28 Aug 2019, 9:01 pm
Is the economy Donald Trump’s best argument for his 2020 campaign (a campaign that has, incidentally, been running nonstop since his shocking non-majority upset in 2016)? [read post]
18 Jan 2021, 9:00 pm
He explains that there are times when groups of people, for strategic reasons, take actions that cause the justice system to create injustices. [read post]
