40 Economists Say The GOP Has Abandoned Economic Reality

40 Economists Say The GOP Has Abandoned Economic Reality

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When government taxes you, it’s common sense. When government taxes me, it is socialism. Norquist Tells GOP That Raising Taxes On The Middle Class Doesn’t Count As A Tax Increase | ThinkProgress

The Copernican Revolution In Macroeconomics

My view, with both all due respect and all due derision, is that the Robert Lucas types are like the early Copernicans here. There’s something admirable in their insistence that it ought to all work out to an easily modeled system grounded in compelling theoretically considerations. The New Keynesian model is a mess, like late-Ptolemaic… Continue reading The Copernican Revolution In Macroeconomics

Mexico City Needs Regulatory Reform, Not Underground Buildings

Mexico City Needs Regulatory Reform, Not Underground Buildings