For years now, some economists and policymakers have tried to make the case that there is an important link between student standardized test scores and economic growth in the United States. They do this with complex mathematical formulas that most people can’t even pretend to follow.
In a comment on a recent blog post I wrote on United Airlines, The Original CC highlighted one of my sentences and wrote: You seem to be the master of deescalation. Can you explain this interaction and what you said in a little more detail? We could probably all learn from it.
Increases in energy efficiency are an often-forgotten component of our shift to clean energy and reduced carbon emissions. Higher prices triggered by the 1973 oil embargo caused America to drastically change how it used energy. The ensuing gains in efficiency had more of an impact on America’s energy consumption than all of the growth in solar, wind, geothermal, natural gas and nuclear energy combined.
A VAT (value added tax) with no other tax — no income, corporate, estate, etc. etc. etc. — is pretty much the economists’ ideal. But how do you make it progressive? A bright — or perhaps lunatic— idea occurred to me.
Adam Ozimek has written an article on Forbes.com titled "Libertarianism Needs To Become More Realistic." HT to Tyler Cowen. Although authors rarely get to choose their articles' titles, the title does seem consistent with his message. Ozimek is friendly to libertarianism, and so his suggestions should be seen as friendly amendments to the strategies pursued by some libertarians.
Luigi Zingales inaugurated a series of essays in Il Sole 24 Ore, an Italian newspaper, on whether Italy should stay in or get out of the Euro, and graciously asked me to contribute. My view, here in English, here in Italian.
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.