Tag: Capitalism
-
Reading List
A number of people have asked me lately what I’m reading on economics and the financial markets right now. Truth is, I’m always reading such things, and no short list can even come close to covering the variety of material I try to read, from the scholarly and serious (e.g., Posner, Becker, Mankiw, etc.) to…
-
The Only Graph You Really Need to Understand the Auto Industry’s Problems
It’s the best one-image summary of why the Detroit Three are in such hot water, and it’s on Michigan economist Mark Perry’s blog. (h/t Greg Mankiw).
-
Ouch
Let’s all hope this, at least, does not repeat. It’s a miracle the American Dream has survived this long.
-
Greg Mankiw’s Work Incentives
Greg Mankiw’s new post on his personal work incentives is required reading for anyone who wants to discuss taxes in this election cycle. The idea is simple: our tax system uses marginal rates, meaning one rate applies to the first dollar earned and different rates kick in at different thresholds. (That is, unless you’re so…