Deficits Most Complete From Sopintar

The graph is federal surplus (up) or deficit (down), not counting interest costs, divided by potential GDP. I made it for another purpose...

Buybacks Most Complete From Sopintar

A short oped for the Wall Street Journal here   on stock buybacks. As usual, they ask me not to post the whole thing for 30 days though you ...

Unraveling Most Complete From Sopintar

Economists delight in unravelings -- behavioral responses that undo bright ideas. A subsidy for skunks produces cats with white stripes. Two...

Why not taxes? Most Complete From Sopintar

Reaction to the Washington Post oped ( blog post , pdf ) on debt  has been sure and swift. We suspected we might get criticized by Republic...

Buybacks redux Most Complete From Sopintar

Two more points occur to me regarding share  buybacks . 1)When buybacks increase share prices, and management makes money on that, it's ...

A progressive VAT Most Complete From Sopintar

A VAT (value added tax) with no other tax � no income, corporate, estate, etc. etc. etc. � is pretty much the economists� ideal. But how do ...

Trade Haiku Most Complete From Sopintar

George Shultz and Martin Feldstein, in the Washington Post If a country consumes more than it produces, it must import more than it export...

DB warns of US debt crisis. Most Complete From Sopintar

"A coming debt crisis in the US?" warns a Deutsche Bank report * by Quinn Brody and Torsten Slok. Source: DB This graph is g...