Revisiting Moral Hazard
Moral hazard is often misunderstood, rarer than thought, and feared more than necessary, in the view of one economist, who finds little moral hazard in the recent government interventions.
View ArticleA Future Consumption Tax to Fix Today's Economy
An economist suggests that committing to a consumption tax in the future might address both the short- and long-term problems the economy faces.
View ArticleMaking Foreclosures More Orderly
An efficient foreclosure process would quickly determine who can afford their homes, at existing prices and reasonable interest rates.
View ArticleKilling (or Maiming) a Sacred Cow: Home Mortgage Deductions
An economist suggests that the United States pare back the popular home mortgage interest deduction, and replace it with an across-the-board tax cut.
View ArticleDeflation: 1929 vs. Today
The Great Depression years 1929-33 featured a large and prolonged deflation. January 2009 reversed a deflation pattern for 2008 that was ominously similar to 1929's, an economist writes.
View ArticleDefining Economic Interest
Many Tea Party members do not seem to recognize which policies are in their own interest, an economist writes.
View ArticleRomney's Tax Plan and Economic Growth
Mitt Romney's proposal to lower tax rates and close tax loopholes is unlikely to produce any meaningful economic growth, an economist writes.
View Article
