Economics

Real Tax Reform?

by on December 6, 2017

OK, let's all calm down. The Republican tax plan is now in its last stages of design. The two versions that exist need to be [more…]

Tax Cuts and Jobs Act

by on December 5, 2017

So the Senate passed its tax cut. It is amazing to see the way in which the media has embraced the idea that this is [more…]

Doomed to Repeat?

by on November 16, 2017

One of the great pleasures of living here in southern Vermont is that we have a terrific local bookshop. I go there simply to absorb [more…]

Taxes: 1970’s Redux?

by on November 14, 2017

Taxes. What a problem.

I was going to start by saying something about our current national debate about taxes, but that would have been an [more…]

Speculation

by on October 25, 2017

Robert Locke's excellent discussion of the different perspective presented by a┬átacit-knowledge rather than explicit-driven driven enquiry into economic matters prompts me to reprise my understanding [more…]

Spite as Policy

by on October 17, 2017

There's not much to say, but let me say it anyway:

Last week Trump simply stopped pretending he wants to make policy based on thought. [more…]

Health Care Front Lines

by on October 13, 2017

Health care is the muddy hellhole pocked wasteland of American politics. Forgive my World War One analogy, but its the best I can come up [more…]

Geography as an Example

by on October 3, 2017

Let me be very quick:

Geography is not taught [if it is taught at all] as if there are no rivers, mountains, plains, valleys, coasts, [more…]

More Fog

by on October 3, 2017

We still don't have much clue what the Republicans want to do with their tax plan. It isn't that we can't understand the details, it [more…]

The Workplace — A Few Charts

by on September 28, 2017

I have tried to use diagrams to explain the vast impact that the never ending search for higher shareholder value has had on the American [more…]