.
Richard Epstein
Clinton’s Tax Conceit
Sep 24, 2022

Her fiscal plan gives targeted benefits to her favorites—but it won’t grow the economy.

.
Russ Roberts
What were the most important lessons learned from the financial crisis?
Sep 24, 2022

Like many economists, I hadn’t paid enough attention to the financial sector and how it can affect the rest of the economy. When the tech sector struggled from 1999 to 2001, it was tough on some tech companies but it didn’t threaten to create another Great Depression. The troubles in the financial sector were much more dangerous.

.
John Cochrane
Testimony 2
Sep 24, 2022

On the way back from Washington, I passed the time reformatting my little essay for the Budget committee to html for blog readers.

.
Thomas Sowell
Election Year Books
Sep 24, 2022

Election year politics generates much rhetoric and confusion. And the media often adds its spin. But, fortunately, there are some books around that deal with reality and can cut through the nonsense. 

.
John Cochrane
Testimony
Sep 24, 2022

I was invited to testify at a hearing of the House budget committee on Sept 14. It's nothing novel or revolutionary, but a chance to put my thoughts together on how to get growth going again, and policy approaches that get past the usual partisan squabbling.

.
Richard Epstein
The Blue State Model Has Failed
Sep 24, 2022

Despite what progressives say, higher taxes and tighter regulations lead to stagnation, not growth.

.
Thomas Sowell
Misleading Statistics
Sep 24, 2022

Mark Twain famously said that there were three kinds of lies — "lies, damned lies, and statistics." Since this is an election year, we can expect to hear plenty of all three kinds.

.
John Cochrane
Micro vs Macro
Sep 24, 2022

The cause of sclerotic growth is the major economic policy question of our time. The three big explanations are 1) We ran out of ideas (Gordon); 2) Deficient "demand," remediable by more fiscal stimulus (Summers, say) 3); Death by a thousand cuts of cronyist regulation and legal economic interference.

.
Charles Blahous
Federal Debt Is Getting Worse
Sep 24, 2022

“The tenor of much recent coverage is that the federal debt is a fading problem, even though by any objective measure it is a serious one in the process of getting rapidly worse.”

.
Glenn Hubbard
Five Ways to Destroy the U.S. Economy
Sep 24, 2022

“With an election like this one, it is probably more useful to explain the most destructive policies. Here are our top five.”

.
Edward Paul Lazear
Edward Paul Lazear
Sep 24, 2022

Incomes rise or fall together—what moves them is economic growth. Why we’re all in this together.

.
John H. Cochrane
The Tax Code, Unchained
Sep 24, 2022

We really could transform our nightmarish tax system. Here’s how.

.
Michael Spence and David Brady
Economics in a Time of Political Instability
Sep 24, 2022

Over the last 35 years, Western democracies have seen a rapid rise in political instability, characterized by frequent shifts in governing parties and their programs and philosophies, driven at least partly by economic transformation and hardship.

.
Allan H. Meltzer
Myths of Redistribution
Sep 24, 2022

Decrying the “income gap” may make for stirring political rhetoric, but we don’t need rhetoric. We need growth.

.
John H. Cochrane
Reach for 4% Growth
Sep 24, 2022

Make a clean sweep in taxes, regulation, and investment, and the economy will leave stagnation in the dust.

.
John H. Cochrane
Keynesians in Retreat
Sep 24, 2022

They’ve been too wrong for far too long.

.
The Fallacy of Redistribution
The Fallacy of Redistribution
Sep 24, 2022

“If human beings have their own responses to government policies, then we cannot blithely assume that government policies will have the effect intended.”

overlay image