“Researchers at the Highway Loss Data Institute compared rates of collision insurance claims in four states — California, Louisiana, Minnesota and Washington — before and after they enacted texting bans. Crash rates rose in three of the states after bans were enacted. The Highway Loss group theorizes that drivers try to […]
Archive for September, 2010
Sep25th2010
“The right way to think about teacher compensation, I think, is this. You could have a system in which all teachers are paid the same amount. But we don’t have that system. Instead we have a system where veteran teachers are paid much more than novice teachers, and teachers with master’s degrees are paid more […]
Sep20th2010
“Eugene Steuerle pointed out at lunch last week that there is an adverse equilibrium in politics today. Democrats think that if they agree to spending cuts to reduce the deficit, then Republicans will take advantage of that by passing tax cuts. Meanwhile, Republicans think that if they agree to tax increases to reduce the deficit, […]
Sep17th2010
“This is sort of impressive: Paul Krugman simultaneously castigates Republicans for the fiscal irresponsibility of wanting to extend tax cuts for the rich that cost about $700 billion–and for irresponsibly threatening the extension of tax cuts for the middle class which cost three times as much. Yet you could read the […]
Sep14th2010
Berkeley economist Atif Mian and Chicago economist Amir Sufi find:
A key rationale for fiscal stimulus is to boost consumption when aggregate demand is perceived to be inefficiently low. We examine the ability of the government to increase consumption by evaluating the impact of the 2009 “Cash for Clunkers” program on short and medium run auto […]
Sep11th2010
What a great response:
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Sep7th2010
Arnold Kling explains why the term should be dropped:
Klein’s thinking is that people do not want to work longer, so raising the Social Security “retirement age” is a bad idea. His conclusion does not follow from his premise. To avoid this sort of error, we need to stop using the […]
