All students of economics will sooner or later be confronted with the standard neoclassical analysis of deadweight loss from taxation. The point of this analysis is not to clarify what the government's tax revenues should…

For the most part, economists don’t give people advice on how to run their lives. Rather we tend to focus on explaining the behavior of consumers and businesses, usually assuming they are at least somewhat…

Posted March 4, 2021 at 9:16 am by Heidi Shierholz The Senate must pass the $1.9 trillion relief and recovery plan with the UI provisions extended to October 3rd Another 1.2 million people applied for…

Sorry, Readability was unable to parse this page for content.

Brexit looms. Access the news and analysis you need now to navigate this monumental shift: The FT provides the most robust Brexit coverage, including: An unmatched number of scoops Expert opinion & regional perspectives Daily…

Brexit looms. Access the news and analysis you need now to navigate this monumental shift: The FT provides the most robust Brexit coverage, including: An unmatched number of scoops Expert opinion & regional perspectives Daily…

[Scroll to the end for a couple final reactions to comments .] In a reflective moment, George Orwell wrote, “Every line of serious work that I have written since 1936 has been written, directly or…

Yves here. Normally the big action in litigation is when cases are first filed and courts issue rulings. But sometimes the byplay can be entertaining and revealing. Even though the mavens seem to think the…