Cecil Bohanon & Nick Curott: Average inflation targeting was never a good idea
One little heralded change was when the Fed moved in 2019 from a two percent inflation target to a two percent average inflation target.
Nick Curott
Articles
Cecil Bohanon & Nick Curott: Don’t believe everything you read on the internet
Here are three simple tests for any claim: Does the claim sound plausible? Does the claim check out? Is there a cogent theory behind the claim?
Cecil Bohanon & Nick Curott: Spread’s rise is bad news for saving, the economy
With all due respect to our Keynesian colleagues, discouraging saving is bad policy.
Cecil Bohanon & Nick Curott: Taking on Google might do more harm than good
Government officials certainly don’t know the countless and ever-changing details of the market. Nor are they likely to intervene in ways that make markets more efficient. Antitrust
BOHANON & CUROTT: Nation’s student-loan crisis was created by government
Over the last 15 years, total student loan debt exploded from $600 billion to more than $1.5 trillion and now exceeds credit card debt.
BOHANON & CUROTT: Little-known Jones Act is outdated and ripe for repeal
The act, passed in 1920, stipulates that cargo shipped between domestic ports must be transported by ships that are domestically built, flagged and crewed.
Bohanon & CUROTT: ‘Soak the rich’ will not work for the economy
We don’t think the republic can work if high earners are the only ones paying for government.
BOHANON & CUROTT: Debt is bigger U.S. threat than nation’s trade deficits
Many think that, if our debt even approaches 200 percent of GDP, our currency will lose its reserve status or our super-low interest rate will rise.
BOHANON & CUROTT: Let the sharing economy take flight
The Aviation Empowerment Act creates a class of pilots called “personal operators” who can use flight-sharing apps without being subject to common-carrier regulations.
BOHANON & CUROTT: It’s time to unleash power of small banks
The banking system might finally get some relief from the burdensome overregulation that has hamstrung the economy for almost a decade.
BOHANON & CUROTT: Examining economics of Macy’s annual parade
National defense is a public good that must be provided by the government. Yet the holiday season offers ample examples of public goods that need not be.