If you care about maximizing government revenue that is:
Most of the discussion by economists of the appropriate capital gains tax rate is about a very narrow criterion: the effect of capital gains tax rates on capital gains tax revenues. But in a 2009 study done for the Institute for Research on the Economics of Taxation (IRET), […]
Author Archive for HispanicPundit
Jan24th2012
Jan21st2012
David Henderson On John Stossel Discussing Ron Paul And Foreign Policy
Published by in Foreign Policy. 3 CommentsIt makes me think my friend Jon is more right on foreign policy than I give him credit for. Video can be found here. David Henderson discusses it here and in the comments.
Jan19th2012
University Of Chicago economist John Cochrane writes:
Intuitively, this is related to the theorem that you shouldn’t tax intermediate goods, or have tariffs for moving goods around the country. Romney’s income was taxed once, when he made it. It’s not efficient to tax it again, because he chose to save it rather than spend it immediately on […]
Jan18th2012
You need to a flashplayer enabled browser to view this YouTube video
A worthwhile clip.
Jan16th2012
“Conservatives will also find that Europe is much less open to immigration than the United States, that Europe generally has much lighter taxation of investment income, that few European countries uphold American-style strong separation of church and state, that European countries generally afford accused criminals fewer procedural rights, and that Europe has much less in […]
Jan12th2012
What about life expectancy statistics — a favorite of the critics, since Americans don’t score very high? It turns out that when you remove outcomes doctors have almost no impact on — death from fatal injuries (car accidents, violent crime, etc.) — U.S. life expectancy jumps from 19th in the world to number one! — […]
Jan4th2012
University Of Chicago economics professor, and Paul Krugman nemisis, John Cochrane is now blogging. For those interested, add his blog to your blogroll.
Jan3rd2012
Glenn Greenwald nails it:
The parallel reality — the undeniable fact — is that all of these listed heinous views and actions from Barack Obama have been vehemently opposed and condemned by Ron Paul: and among the major GOP candidates, only by Ron Paul. For that reason, Paul’s candidacy forces progressives to face the hideous positions […]
Jan2nd2012
“Take housing, for example. The cheapest form of housing is small, prefabricated homes for zero-lot developments. However, zoning regulations in most cities outlaw them — an act that effectively doubles the price of the cheapest housing. There are also other expensive restrictions on new housing, such as forcing builders to build on bigger lots and […]
Dec28th2011
NYU economist Mario Rizzo gives a list of some of the questions and issues that serious people ought to consider on inequality:
There seems to be very little concern, in the popular press, for the causes of unequal distribution. This includes, especially, the causes of the increasing unequal distribution over the past few decades. […]
Dec21st2011
Bloomberg Businessweek reports:
Moments before a single-engine aircraft and a helicopter collided over the Hudson River near Manhattan in 2009, an air-traffic controller who should have been advising the plane’s pilot was on the phone, joking with an airport worker about a dead cat.
Nine people, including three teenage boys, died. The Teterboro, New Jersey, controller, whom […]
Dec20th2011
Leftists like to portray the European economic model as more “poor” friendly than the United States economic model. But that depends on what your preferences are: if you are poor and would prefer less disposable income with more government services, then yes, the European model would be preferable. However, if you are poor and would […]
Dec19th2011
A great analogy by economist Don Boudreaux:
Suppose that groceries were supplied in the same way as K-12 education. Residents of each county would pay taxes on their properties. Nearly half of those tax revenues would then be spent by government officials to build and operate supermarkets. Each family would be assigned to a particular supermarket […]
Dec13th2011
“Even among recipients of bachelor’s degrees, 90 percent manage to graduate with less than $40,000 of debt. What happened to the other 10 percent is no particular mystery: they are less likely to come from wealthy families, but they attended pricier schools and paid for more years of tuition (see chart below). Compared with other […]
Dec12th2011
“In general, anything that increases economic well-being, according to McKenzie, makes us fat. While the standard of living increased over the past several decades, the price of food relative to other goods has fallen about 17%. Research has shown that for every 1% drop in the price of food, people increase food consumption by .6%. […]
Dec7th2011
Megan McArdle On Fiscal Stimulus
Published by in Economics, Fiscal Stimulus and ModernPolitics. 0 CommentsMcArdle makes a decent case to be cautious about fiscal stimulus here:
Starts to pick up at the 3 min mark.
