Is there a middle ground between optimistic and pessimistic economic forecasts?
Forecasting the immediate future is easy. It's beyond next year when the uncertainty begins. Read More
Forecasting the immediate future is easy. It's beyond next year when the uncertainty begins. Read More
Do tax rate cuts boost the economy? Will they generate even more revenue than before the cut? Read More
How did North Carolina's financial fortunes turn around so quickly, when we lost $5 billion in aggregate output? Read More
Many economic decisions are made with a high degree of uncertainty. This was the case with COVID. What are the lessons we learned? Read More
Both states have built their economies around different business models. This helps us understand their different taxing and spending philosophies. Read More
There are similarities between the 1920s and today. Could history repeat itself? Read More
There are 92 individual poverty programs operated by 52 different agencies of the federal government and collectively spending almost $1 trillion annually. Unfortunately, each program has its own rules and there can be little coordination among the programs. Read More
We all directly or indirectly rely on roads, but paying for them is controversial. The gas tax has developed several cracks. Read More
You may think economics is static but it is a changing field, as Modern Monetary Theory demonstrates. Read More
Three concerns have been expressed regarding the new stimulus bill. They are inflation, investments and the impact of debt. Are they legitimate? Read More