Category: Economics & Tax Policy

Herman Cain on Occupy Wall Street protests

Herman Cain has a must-read piece in the New York Post explaining the hypocrisy and sloth represented by the Occupy Wall Street movement: http://www.nypost.com/p/news/opinion/opedcolumnists/look_in_the_mirror_VgluqmTp2PP8GHyQQ9XyYL more »

In praise of regressiveness

This morning, Jim Cramer of CNBC was speaking critically of Herman Cain's 9-9-9 plan on the basis that a sales tax is regressive. I oppose 9-9-9 for a very different reason, as I explained here, and have a very different reaction to the idea of a less p… more »

Americans Tom Sargent and Chris Sims win Nobel Prize in Economics

Congratulations to the two American economists, Thomas Sargent and Christopher Sims, who won the Nobel Prize in Economics for their independent work (mostly during the 1970s and 1980s) on macroeconomic analysis and tools. Here's a fascinating 2010 inte… more »

Currency cretinism

When the front-running Republican presidential hopeful agrees with Senator Chuck Schumer (D-NY) on an economic policy, you know we have a problem. Unfortunately, that’s the situation we find with former Massachusetts Governor Mitt Romney agreeing, at le… more »

Herman Cain's wrong number

If there’s one thing people notice about Herman Cain during the recent presidential debates, it is that he consistently focuses on specific solutions to specific problems. He is a consummate executive. Even Mitt Romney whose managerial experience is unq… more »

Matt Welch: The $16 muffin is no joke

Here's a must read opinion piece by Reason's Matt Welch: http://www.cnn.com/2011/09/22/opinion/welch-sixteen-dollar-muffin/index.html more »

Markets shout at Operation Twist

Following yesterday’s meeting of the Federal Open Market Committee (“FOMC”), the financial headlines were about "Operation Twist", the risky and destined-to-fail Federal Reserve strategy of “extend(ing) the average maturity of its holdings of securities… more »

George Gilder on Israel, supply-side economics, and more

H/T Jed Babbin George Gilder penned this article in July. It's critical to understand today as we watch Palestinian President Abbas, following the lead of and weakness exuded by Barack Obama, press on with a self-destructive quest for unilateral UN rec… more »

When even David Brooks sours on Obama...

In his op-ed following Obama's ridiculous "deficit reduction plan" speech on Monday -- yes, another speech full of the same old class warfare garbage -- the NY Times' David Brooks finally admits what many or most of his readers have known for at least a… more »

Obama's predictably pointless tax plan

Let's keep a few things in mind when considering President Obama's proposed $1.5 trillion dollar tax hike as part of a claimed $3 trillion deficit reduction plan: First, according to the NY Times, $1.1 trillion of the total amount is claimed savings fr… more »