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In the News

Which Side Are You On?

quoting Shanto Iyengarvia The New York Times
Thursday, May 10, 2018

Should taxes on households making $250,000 or more a year be raised? When you ask Democrats this question, you get a very interesting answer: Those on the bottom of the income distribution appear to want lower taxes on high earners than those on the top do.

In the News

Mortgage Availability Trumps Unemployment In Voting Behavior Impact – Study

quoting Charles Calomirisvia Mortgage Professional America
Wednesday, May 9, 2018

The Great Recession was five times more impactful on voting behavior during the 2008 presidential election than rising unemployment, a traditional indicator of electoral success, a new study released by Columbia Business School.


Trump And The ‘Chimerica’ Crisis

by Niall Ferguson, Xiang Xuvia Wall Street Journal
Sunday, May 6, 2018

The countries’ divergence began in 2015, as Beijing took defensive steps against financial risk.

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Area 45: Unleashing The Economy With John Cochrane

interview with John H. Cochrane via Area 45
Thursday, May 3, 2018

The health of the financial markets and economic policies affecting growth and the economy.

Blueprint for America

Reforming The Tax Code

by Michael J. Boskinvia
Tuesday, August 15, 2017
The primary goal of America’s tax code should be to raise the revenue to finance the necessary functions of government in the least distortionary manner possible. Tax systems with broad bases and low tax rates are the most effective foundation for an efficient, growing economy. While consumption taxes are efficient, all forms of taxation should be considered as long as they are revenue-neutral and accompanied by rigorous, enforceable spending controls.
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The Libertarian: The Economics Of Amazon

interview with Richard A. Epsteinvia The Libertarian
Thursday, April 19, 2018

What President Trump gets wrong about the e-commerce giant.

In the News

Is It The Spending Or The Taxes? Mostly The Spending, But ...

quoting John H. Cochrane via Bloomberg
Friday, April 13, 2018
The U.S. appears to face a future of large, chronic federal budget deficits. Is that because taxes are too low or because spending is too high?
In the News

Economists Say U.S. Tariffs Are Wrong Move On A Valid Issue

quoting Martin Feldsteinvia The New York Times
Wednesday, April 11, 2018

President Trump’s advisers insist that the economics profession is solidly behind the administration’s threat to impose tariffs on hundreds of billions of dollars of Chinese imports. Many top economists say, no, they’re not.


Why Not Taxes?

by John H. Cochrane via Grumpy Economist
Tuesday, April 10, 2018

Reaction to the Washington Post oped (blog postpdf) on debt  has been sure and swift. We suspected we might get criticized by Republicans for complaining about how deficits are a problem. 


John Cochrane On Armstrong And Getty (1:26)

interview with John H. Cochrane via Armstrong and Getty
Tuesday, April 10, 2018

Hoover Institution fellow John Cochrane discusses risks of a trade war with China.