A new one for price discrimination: taxing the late
One of the popular travel options in Toronto is Porter Airlines which operates out of the City Airport and so is just 15 minutes from my University of Toronto…
The Research-Policy Nexus: ZLB, JMCB and FOMC
John Maynard Keynes quipped, “Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.” I wonder whether Keynes would…
How Economic Statistics Are Being Transformed
Economic statistics are invisible infrastructure, supporting better decisions by government, business, and individuals. But the fundamentals survey-based methods of US government statistics have substantially eroded, because people and firms have…
Single Mothers Are Surging Into the Work Force
Single mothers in the United States can face many barriers to employment, like finding affordable child care and predictable work schedules. For many, a sick child or a flat tire…
Does That Word Mean What You Think It Means?
Prologue In an earlier piece I documented the Federal Reserve’s failure to consistently hit their 2 percent inflation target and suggest a corrective policy change. Here I explore some of the confusion…
China-US Trade War
Question A: The incidence of the latest round of US import tariffs is likely to fall primarily on American households. Question B: The impact of the tariffs – and any…
After Neoliberalism
For the past 40 years, the United States and other advanced economies have been pursuing a free-market agenda of low taxes, deregulation, and cuts to social programs. There can no…
After Nobel in Economics, William Nordhaus Talks About Who’s Getting His Pollution-Tax Ideas Right
NEW HAVEN, Conn. — William D. Nordhaus, the Yale economist who shared the Nobel in economic science this week, has pointed words for some of the experiments so far with…
Three Key Factors That Will Determine How Long the Hot Job Market Lasts
The October employment numbers feature everything you might hope for in a jobs report. Employers keep creating jobs at a healthy clip, 250,000 of them in October, a boom that was apparent…
The Democrats’ Next Job: Bury Supply-Side Economics
Win, lose or draw on Tuesday, the Democratic Party will almost immediately turn its focus to the next presidential election and the fight between the establishment center and the left…
