Tweet [1]
Speaking of Mr. Krugman, Niall Ferguson has more on that New York Times columnist. [3]
Scott Hodge and Steve Entin of The Tax Foundation write wisely in the Wall Street Journal about tax reform [4]. A slice – a slice that causes one to ask how committed is Uncle Sam to being reality-based:
Also, tax changes must be scored on a conventional “static” basis by the Joint Committee on Taxation. This means [any tax-reform] plan’s “cost” in terms of revenues forgone is calculated without considering any meaningful revenue gains from the economic growth a new system may generate. The committee routinely assumes that tax changes have no effect on GDP. How realistic is that?
Gary Becker asks: “Is opportunity declining? [5]”
Washington Post columnist Charles Lane is displeased with Judge Richard Posner [6].
Mario Rizzo shares his thoughts about the recently ended government ‘shutdown. [7]‘ (HT Bob Murphy)
My GMU Econ colleague Pete Boettke weighs in on the irresponsibility of government borrowing [8].