The problem is that the tanning tax fails every single criterion of effective tax policy. It is narrow, easily avoided, suffers
high administrative costs, and distorts consumer and producer behavior.
In my line of work, I travel to many small towns. One eccentricity I indulge in on these trips is to drive around town
squares.
When the Business Cycle Dating Committee of the National Bureau of Economic Research meets later this year or next, I believe
they’ll say the recession hit bottom in June or July of 2009. Recessions end when the economy bottoms out.
Though I am no slave to fashion, summertime is a long occasion for the reading of good books.
One major part of the legislation will target derivatives. This is an arena where the financial services industry does itself
no good from a public relations sense.
Suppose we lived in a perfectly flat world that is a vast, featureless plain of identical square counties.
the things that determine our ultimate prosperity and happiness are not the vacillations of markets.
A good community foundation knows when there is an unmet need. After faith-based organizations, nobody is closer to understanding immediate needs better than a strong community foundation.
Greece will enter a generation of austerity in which its best and brightest young people will leave for Europe or America.
Mexico is in the throes of a violent lawlessness that is spilling over into the United States. Dealing with this is neither
racist nor unconstitutional.
Our study found that simply permitting deregulation of cable TV caused a pleasing increase in broadband adoption.
Perhaps the biggest problem is in estimating who is in and not in the formal work force. Even in good times, a surprising number of workers labor in the shadow economy, invisible to government statisticians.
Reorganizing school districts is difficult, but we Hoosiers have done so before.
The greater truth is that what we learn from athletics might be just as important as what we learn in the classroom.
Why not treat charitable deductions the same way we treat most retirement savingsâ??extend the deadline until April 15?
The potential flaws in this bill are so enormous that to opponents of the bill it looks like planned failure, designed to usher in a national health service.
Businesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most business-location decisions.
While economists share broad agreement on a surprisingly large number of issues, the most visible discord lies in how two
groups view the causes of recession.
Inflation causes lenders to raise interest rates. Businesses slow their borrowing, produce less and require fewer workers. Within a year or so, inflation becomes everyoneâ??s problem.
We are making budget cuts today that could well have been slowly phased-in for a generation. What are the implications?
