Homines libenter quod volunt credunt
Posted in Macroeconomics on Oct 26th, 2009
Count another in favor of prudence. We examine the evidence on episodes of large stances in fiscal policy, both in cases of fiscal stimuli and in that of fiscal adjustments in OECD countries from 1970 to 2007. Fiscal stimuli based upon tax cuts are more likely to increase growth than those based upon spending increases. […]
Posted in Health Care on Oct 26th, 2009
We examine whether and to what extent consolidation in the U.S. health insurance industry is leading to higher employer-sponsored insurance premiums. We make use of a proprietary, panel dataset of employer-sponsored healthplans enrolling over 10 million Americans annually between 1998 and 2006 to explore the relationship between premium growth and changes in market concentration. We […]
Posted in Government Gone Wild, Taxation on Oct 26th, 2009
I don’t care about whether we balance the budget (federally or state or locally). Is it better to live in a world where the President and Congress run a $0 deficit, but are spending $4 trillion of other people’s money every year? Or is it better to live in a world where the President and […]
