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Daily Archive for December 26th, 2013

Top Marginal Tax Rates, A Brief Note

One often hears the claim that, “top marginal tax rates were once 90% and the US grew like gangbusters.” One may have also heard the expression, “the optimal top marginal tax rate is 70%.” With regard to the first claim – let’s ignore the macroeconometric problems with making such assertions. We can also ignore the […]

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Walter was one of the most important economists of the latter half of the 20th century. and a pretty neat guy to boot. My colleague Steve Landsburg has penned a worthwhile appreciation of him here. Please do read it.  Here are some tidbits:  It was Walter who told me that when all frozen pies had […]

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