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Channelling Galbraith

by on April 28, 2017

Jamie Galbraith's conclusion in his essay at Dissent magazine:
"The progressive alternative to an economic program of reckless stimulus and real-estate capital gains is a [more…]

That’s a Tax Plan?

by on April 27, 2017

Well, no, it isn't. It's a draft of a sketch of an outline of a synopsis of what a tax plan might look like were [more…]

Complex Simplicity

by on April 25, 2017

Simplification, in the context of an economy, is the eradication of all things of interest. This does not mean that studying an economy is thus [more…]

Tax Reform, Relief, Whatever

by on April 24, 2017

Moving on, White House style, we are now confronting the prospect of tax reform. I suppose that those of us who cringe whenever we hear [more…]

Nailed to Its Perch

by on April 21, 2017

I always use some famous Chicago School economist as my representative fool when I am describing mainstream economics to my uninitiated friends. How does one, [more…]

Notes On The Firm

by on April 19, 2017

When, for reasons too byzantine to recount here, I decided to re-engage with economics a couple of decades ago I did so through the prism [more…]

Tax Reform – Maybe Not

by on April 7, 2017

I have a friend here who is an ardent Republican, It has been fun watching as he adapts to the reality of Trump, and is [more…]

Reflections

by on April 7, 2017

It is easy to be partisan. It is easy to believe in sweeping utopian solutions. It is easy to delude yourself that what you think [more…]

Infrastructure? Not So Much

by on April 6, 2017

In the aftermath of the health care debacle Trump has been busying himself, so we are told, with other big projects. Tax reform is one. [more…]

Firms: Who Knew?

by on April 4, 2017

One of the controversies buried by contemporary economists in their great cause of advocating market freedoms, is that of the role of central panning. There [more…]