The best analysis of election results that I have seen comes from Mike Luckovich of the Atlanta Journal-Constitution: For more of his work, http://www.cagle.com/author/mike-luckovich/
I was invited to testify before a joint session of Oregon's Senate Finance and Revenue Committee and the House Revenue Committee to discuss how private sector businesses are dealing with economic uncertainty. I began with …
I recently wrote a paper for the National Center for Policy Analysis. The summary: More than 75 years since the system was created, unemployment insurance is still a contentious issue. Whether the problem is a …
We economists are often accused of never agreeing with one another, but the accusation is often not true. It appears to be true with respect to public policy because almost every policy has winners and …
I’ve been avoiding public policy in this blog, preferring to focus on ideas with actionable implications for business leaders. However, you’ve been asking, so here’s the answer. You should probably ignore this post and get …
Note: this post has been edited from its original content. New material is at the end. Keynesians are bemoaning the new budget deal. Cutting federal spending when the economy is soft will further weaken us, …
"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness." …
Will Durant sums it up well: "The economic causes of Rome's decline have already been stated as prerequisite to the understanding of Diocletioan's reforms; they need only a reminding summary here. The precarious dependence upon …
After the demonstrations started in Egypt, a number of commentators asked what was wrong with Egypt's economy. Matthew Kaminski, writing in the Wall Street Journal, noted "To the public at large, Gamal Mubarak symbolizes obscene …
We had the housing boom, with millions of risky mortgages made to shaky borrowers. Then we learned our lesson. Banks tightened lending standards. Congress passed financial reform legislation. What's the result? Today 60% of all …
Today's employment report showed more joblessness. Harvard economist Robert Barro recently argued that today's unemployment rate might be as low as 6.8% rather than 9.5% (as of the time of his writing) if the maximum …