by Henry Oliner | May 7, 2023 | Uncategorized
Kevin Williamson has moved from National Review to The Dispatch. It is well worth subscribing. from Three Ways of Looking at the Debt Ceiling: If you put me in a philosophy class, I am a pretty radical libertarian, but if you ask me how I want the government of these...
by Henry Oliner | Aug 7, 2022 | Economics
From Kevin Williamson at National Review – Real Trouble: There are a number of important factors that drive real-wage performance. The urgent and critical problem right now is — unusually — one that is mostly within the power of policy-makers to manage, and that...
by Henry Oliner | Nov 8, 2020 | Economics
When the vaccine is implemented and the pandemic is behind us, there will a powerhouse of pent up demand that will propel a booming recovery. Tax revenues will grow accordingly even without a tax rate increase, but there is a downside. Inflation has been limited by...
by Henry Oliner | Mar 15, 2020 | Economics
I just read Devil Take the Hindmost- A History of Financial Speculation by Edward Chancellor and I am rereading The Forgotten Depression- 1921: The Crash That Cured Itself by James Grant. Speculative bubbles have been with us since the infancy of finance, we seem to...
by Henry Oliner | Apr 15, 2018 | Economics
from John Cochrane in his excellent blog, The Grumpy Economist, Why Not Taxes? Let us take the estimate that the recent tax cut cost $1.5 trillion over 10 years, i.e. $150 billion per year or 0.75% of GDP. Compared to the $800 billion current deficit it’s small...
