Who Knew That Jonathan Chait Is Ignorant?
Talking about Art Laffer and his curve Jonathan Chait says this:
This is not merely a technical objection. It exposes a conceptual flaw underlying Laffer’s...
Marianna Mazzucato Draws Attention To A Forbes Article – The Wrong One
There is a small difference - OK, not so small - between publicity, propaganda, and actual science. The sciencey bit is that you acknowledge...
The MMT Question – So, What Tax Rate Would Solve Zimbabwe’s 500% Inflation Rate?
As we all know modern monetary theory gives us the out against austerity. No government needs to be constrained on what it spends because...
The Laffer Curve Constraint Upon Modern Monetary Theory
A little thought about that Modern Monetary Theory. You know, this idea that government doesn't actually need to tax in order to be able...
If Only Polly Toynbee Actually Understood Numbers
Polly Toynbee wants us all to know that inequality is higher than we had assumed. This coming from a Resolution Foundation report claiming that...
This GDP Stuff Really Matters, You Know?
It's a commonplace among the mouth breathers these days that Gross Domestic Product doesn't really matter. That economy, it's all just money, for rich...
People Just Don’t Understand Economic Numbers, Do They?
Or perhaps it's just journalists who don;t understand economic numbers. Well, journalists and politicians then. An example here being the latest snapshots from the...
US Tax Rates Are Too High, Well Over The Laffer Curve Peak
We'll all recall how so many are calling for much higher income tax rates on higher earners. Because inequality, of course. There are even...
The Resolution Foundation Discovers Labour Economics
The Resolution Foundation thinks of itself as a think tank, one that can - and does - uncover the secrets of how we should...
Dougal’s Law
Dermot Mulroney played Father Ted for just three seasons before passing away, and is fondly missed – who knows what comic delights we have...