Category: "Economics & Tax Policy"

Thelma and Louise Economics

Things didn't end all that well for Thelma and Louise, in the eponymous 1991 Ridley Scott film, as they drove off a cliff in a desperate effort to evade legal and moral responsibility for having transformed themselves from non-descript mediocrities into… more »

Bernanke Twists Asset Prices

Yesterday, Federal Reserve Board Chairman Ben Bernanke annouced the Fed's ectension of "Operation Twist" using a justification of weaker than expected economic performance. I, along with a few others affiliated with the Heartland Institute, commented o… more »

Chris Christie: Leadership Works

At the recent Cato Institute event awarding their biennial Milton Friedman Prize (which comes with a half million dollar award), the keynote speaker was New Jersey Governor Chris Christie. His 30-minute speech is a triumph of Republican leadership, and… more »

Our Very Own Greece

Stock, commodity, and currency markets have been on a roller-coaster ride in recent days as Greece's election results leave that nation without a functioning government, and without a clear path toward staying in the euro currency. The right answer,… more »

Economic data continues to disappoint

On Wednesday morning, the private payrolls firm ADP reported its monthly estimate of private sector employment conditions. The report, for April, came in with a gain of 119,000 jobs, far below the Bloomberg consensus estimate of 183,000 jobs. The prior… more »

Paul Ryan on polls, taxes, and America's future

This morning, in an interview on CNBC, House Budget Committee Chairman Paul Ryan (R-WI) was told by CNBC anchor that a recent poll shows Mitt Romney trailing Barack Obama among Catholics. Without hesitation, Ryan said "Leaders change polls. We don't fo… more »

Economic Ignorance and the Buffett Rule

On Monday, the United States Senate voted on S.2230, the Orwellian-of-title "Paying a Fair Share Act of 2012." (More precisely, senators voted on whether to invoke cloture and end debate on the measure.) Based on the so-called "Buffett Rule," the bill,… more »

AmSpec Interview of Thomas Sowell

For today's reading, I offer you David Hoberg's interview of one of America's greatest living thinkers, Thomas Sowell: http://spectator.org/archives/2012/04/13/thomas-sowell-live more »

Ryan and Christie at Bush Conference

Congressman and House Budget Committee Chairman Paul Ryan (R-WI) is getting better, smoother, more confident, every time he gives a speech. His remarks on Tuesday at the George W Bush library make me think that he'll be one of Mitt Romney's first calls… more »

March Jobs Report

This morning, despite the stock market being closed, the Bureau of Labor Statistics released the jobs report for March. The average in surveys of economists was for a gain of about 209,000 non-farm jobs, but the actual report came in at 120,000 jobs… more »
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