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Do Tax Cuts Help The Economy

In the news: Congress debates extending an extra tax cut for the rich, Obama's "deficit commission" proposes tax cuts to cut the deficit. Both of these assume tax cuts help the economy. But do they? What is the record? In this morning's public hearing of the National...

Citizens Commission The Real Issue Is Jobs

Members of the Citizens' Commission on Jobs, Deficits and America's Economic Future formally released their report earlier today with a declaration that the commission created by the White House to come up with a deficit-reduction plan is poised to make the economy...

Here Come the High Rollers

While the Dodd-Frank Wall Street reform bill did too little to address the problem of “too big to fail” banks, one of the big wins for reformers was the bill’s strong derivatives chapter which drags risky “over the counter” derivatives...

Yes Megan Bankers Break The Law

I frequently disagree with Megan McArdle, but her WikiLeaks post yesterday on struck me as simply delusional. The basic argument: megabank financiers haven’t committed any crimes, because if they had, we’d already know about it. There’s a kind of...

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