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Tag Archive 'uncertainty'

Parable for the Macroeconomy

There once was a family that sat down to do its taxes. The family usually overwitholds a small amount each year – not enough to make it a real economic cost, but enough so that it is unlikely they will have to make tax payments at tax time each year. In 2010, when they were […]

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Many excellent articles have been written demonstrating the nonsense of the cash for clunkers program, so I do not want to reiterate those points here. I would like to ask a simple question. Who is going to be held responsible for the increase in automobile deaths and injuries that might result from such a program? […]

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