Tax Reform Is Covering Its Costs Faster growth is on track to outpace debt in the next decade. Is the 2017 tax reform paying for ... [Read More]
Market Risen to Top Decile Equity Risk Premium
Aswath Damodaran finds the equity premium has risen to 6%—in the top decile historically. He estimates shocks from 2 of the following have already ... [Read More]
New Study Shows 83% of Criminals Rearrested Within 9 Years
A 9-year Justice Department study shows 44% of released prisoners are rearrested within 1 year; 83% within 9 years. 77% of drug offenders are ... [Read More]
Krugman’s Misleading Scandinavian Comparison
Paul Krugman wrote a misleading post comparing U.S. wages and productivity growth to Scandinavia without admitting that Scandinavia’s test scores are ... [Read More]
With $3-an-hour Mexican Labor, Why Should Capital Flow to Rural America?
With $3-an-hour Mexican labor, why should capital flow to rural America? Can rural America achieve the productivity needed to sustain high wages ... [Read More]
The San Antonio Express-News’ Michael Taylor Compliments The Upside of Inequality
The San Antonio Express-News' Michael Taylor Compliments The Upside of Inequality “Conard’s book challenges some deeply held beliefs. I want people … ... [Read More]
New Study Finds Mortgage-Backed Bonds Issued Pre-Crisis Were Properly Rated
A new study published by the NBER examines the losses suffered by AAA-rated mortgage securities issued in the lead up to the financial crisis. The ... [Read More]
