BOHANON & CUROTT: Looking behind the trade deficit that everyone seems to hate
Economists pretty much across the board argue that a nation’s trade balance is a byproduct of its investment opportunities and proclivity to save.
Economists pretty much across the board argue that a nation’s trade balance is a byproduct of its investment opportunities and proclivity to save.
Academic research finds that selective tax incentives do not increase overall employment or business investment.
Let’s offer any household that moves to Indiana in 2020 or 2021 and earns $1 million or more, a zero tax rate on their income above $1 million for two years.
By 2023, the national debt is projected to be 107% of gross domestic product, which will be the highest in the nation’s history.
We think “Wheel of Fortune” and “Jeopardy,” two uniquely American shows, give insights into at least three American sensibilities.
The Federal Reserve Bank of St. Louis’ has reported the U.S. household savings rate at 26% for the second quarter of 2020, nearly three times the post-WWII average of 9%.
Few fallacies are repeated more often than the myth that massive government stimulus packages are necessary to sustain the economy during a recession.
Our classes will combine in-classroom student interaction with major online components.
The Hong Kong freedom movement deserves our support and sympathy.
We did NOT suffer a shrinkage in GDP of 32.9% between the first and second quarters of 2020—more like a 9.5% shrinkage.
Eliminating federal assistance leaves the involuntarily unemployed reliant on state programs, which provide an average of only $350 a week. Who wants to see millions of Americans stuck in such dire financial straits?
Debating mask wearing as a matter of individual liberty largely misses the boat.
On July 1, Beijing unilaterally imposed new rules that allow it to quash dissent in Hong Kong as the government does elsewhere in China.
The Fed has overstepped its bounds and embarked upon a form of market socialism that is detrimental to the long-run health of the economy
One overwhelming statistical fact is that deaths attributable to the COVID-19 virus are age-related.
It is time to end qualified immunity, the judicial policy that shields police officers from the legal consequences of violating the constitutional rights of citizens.
Marginal analysis is a cornerstone of economic reasoning. It’s the simple notion that the incremental value of a variable is what matters, not its total or average value.
How should BLS count the servers or hair stylists who did not work because of COVID-19 workplace closures? Technically, they ought to be counted as laid-off and unemployed. But apparently this isn’t happening.
Now the economy is opening back up and many universities are planning to resume in-person learning in the fall. But the fear of lawsuits could easily derail these plans.
We propose $1 trillion of new debt be specifically issued as Corona Bonds. The bonds should be long term and be backed by a small surtax on current federal income taxes earmarked for their repayment.