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Archive of posts published in the tag: John taylor

A Caged Eagle

from John Taylor in The Wall Street Journal, A Recovery Waiting to Be Liberated Were it not for the unusual drop in the labor force, the unemployment rate would be three percentage points higher, according to work by economists Chris

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Discretionary Failure

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was enacted to prevent another financial crisis, but it misdiagnosed the crisis and enacted the wrong remedies.  People are now waking up to the fact that the bill does

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A Bad Diagnosis

The extra power given to the federal government through bypassing proven bankruptcy rules looms as the biggest challenge to meaningful reform.  Experience shows that such power increases, not decreases, the likelihood of another crisis.  You do not prevent bailouts by

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Worthy Reads 2012 06 01

How Did Paul Krugman Get it So Wrong? by John Cochrane Krugman wants people to swallow his arguments whole from his authority, without demanding logic, or evidence.  Those who disagree with him, alas, are pretty smart and have pretty good arguments

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A Victim of Our Own Success

John Taylor writes Economics for the Long Run -Individuals should be free to decide what to produce and consume, and their decisions should be made within a predictable policy framework based on the rule of law in The Wall Street

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Bad Economics is Also Bad Politics

John Taylor and John Cogan write in the Wall Street Journal   Stimulus has Been a Washington Job Killer 10/3/11 Excerpts: Temporary, targeted tax reductions and increases in government spending are not good economics. They have repeatedly failed to increase

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Deadlines Limit Tax Effectiveness

John Taylor writes in today’s Wall Street Journal (12/21/11)-Want Growth? Try Stable Tax Policy:The payroll tax cut is one of 84 tax provisions expiring this year, 10 times as many as expired in 1999. (may require paid subscription) excerpt: Like

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A Blessing in Disguise

Economist John Taylor writes an excellent article : The End of the Growth Consensus in the Wall Street Journal (7/21/11). Excerpts: Economic policy in the ’80s and ’90s was decidedly noninterventionist, especially in comparison with the damaging wage and price controls

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