Ab-Norm-al Econ

Tuesday, December 30, 2014

Why Educational Reform in The US Never Works

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Politicians from both political parties spend a lot of time talking about how to improve education.  It makes sense to propose plans for imp...
Monday, December 29, 2014

The Return Of The Laffer Curve And Dynamic Scoring

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The Washington Post published an op-ed, posted below, which celebrates the 40th birthday of the Laffer curve and the restoration of the Rea...
Sunday, December 28, 2014

Do Tax Cuts Really Increase Tax Collections?

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Stephen Moore is the Chief Economist for the Heritage Foundation which receives its funding from folks who hate to pay taxes and only like g...
Wednesday, December 24, 2014

A View Of The Second Economy From Silicon Valley

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The Harvard Business Review published an article by a Silicon Valley venture capitalist and a journalist who has covered this high tech Mec...
Tuesday, December 23, 2014

How To Fight Deflation In The Eurozone

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It is likely that the EZ will report in January that prices changes were negative in the EZ.  The ECB has a mandate to maintain price stabil...
Monday, December 22, 2014

Adair Turner Provides His Big Picture Of The Economy

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This video of Adair Turner's speech in London pulls several strands of the economy together into a comprehensible mosaic.  He links ris...
Sunday, December 21, 2014

The History Of The 2% Inflation Rate Target

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Most of the world's central banks have a target inflation rate of 2%.  This article provides an overview of the history of that target w...
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