As I’ve noted on previous occasions, I’m not a fan of Ben Bernanke and his actions at the Federal Reserve, though it is possible that QE2 may be the right policy (albeit for different reasons than publicly stated by the Fed Chairman). I’ve had several people say to me, however, that it doesn’t make sense [...]
Archive for March 3rd, 2011
Guess Who Profits from Inflation?
Posted in Bernanke, Big Government, Federal Reserve, Fiscal Policy, Government Spending, Monetary Policy, tagged Bernanke, Central Bank, Federal Reserve, Fiscal Policy, Government Spending, Monetary Policy on March 3, 2011 | 16 Comments »
A Laffer Curve Tutorial
Posted in Fiscal Policy, Laffer Curve, Supply-side economics, Tax avoidance, Tax Compliance, Taxation, tagged Dynamic Scoring, Fiscal Policy, Incentives, Laffer Curve, Static Scoring, Supply-side economics, Taxation on March 3, 2011 | 88 Comments »
Greetings from frigid Minnesota. I’m in this misplaced part of the North Pole to testify before both the Senate and House Tax Committees today on issues related to the Laffer Curve. In other words, I will be discussing how governments should measure the revenue impact of changes in tax policy – what is sometimes known [...]