FTPL Videos

 Two great videos just dropped related to fiscal theory.  The first is an "Uncommon Knowledge" interview with Peter Robinson. W...

Mulligan and the demand for opioids

This is another post from an Economic Policy Working Group meeting at Hoover, in which simple undergraduate supply and demand analysis, crea...

Short and long run minimum wage

On Wednesday, Erik Hurst presented a lovely paper, " The Distributional Impact of the Minimum Wage in the Short and Long Run, " wr...

Trust Fund

The Social Security Trust fund is set to run out in a few years. Who cares? Is the total US Federal debt $31,456,554,630,496.28, including T...

Fair/consumption tax adjustment

The main (vocal) comment on my consumption/fair tax post and oped   has been to complain about retirees who have earned income, paid taxes, ...

Fair tax oped

An Oped in the Wall Street Journal on the "fair tax" proposal. As usual, I have to wait 30 days to post the full version  The b...

RIP Indexed Bonds in Canada

(An oped at Globe and Mail with Jon Hartley)  Finance Minister Chrystia Freeland recently announced that the government of Canada  will  n...