TPC Calculator
Confused about the latest round of tax cut arguments? The Tax Policy Center has a nice calculator which will show you how the different proposals would affect you. Or if you prefer pictures, the...
Random Ramblings from the Garrity Family
Confused about the latest round of tax cut arguments? The Tax Policy Center has a nice calculator which will show you how the different proposals would affect you. Or if you prefer pictures, the...
Today President Obama named Elizabeth Warren (one of our favorite people) as a special advisor to set up the Consumer Financial Protection Bureau. It would have been run to watch the Republicans try to...
Four recent articles on the economy. They’re by very different writers, but they kind of fit together somehow. Michael O’Hare apologizes to incoming Berkeley freshman for the mess the “me generation” made of their...
I mentioned Ed Catmull the other day in this post. Yesterday, in this post, I talked about Andrew Lo’s thoughts about planning for failure and containing it. So here’s Ed at Stanford Business School...
I recently attended an interesting talk by Andrew Lo of the Sloan School. He does research on how human behavior factors into economics and the limitations of the classical economics model that people are...
It’s that time of year again. The President has rolled out his budget proposal for 2011. That’s the beginning of a fairly drawn out process. In a couple of weeks the CBO will add...
In most people’s minds, the recent financial crisis has been the last nail in the coffin of the Chicago School of Economics’ philosophies. That’s certainly what members of the saltwater school think, and I...
Simon Johnson has an article in the NYTimes today with another suggestion on reforming the finance industry. He compares the dangers we face from this industry to the dangers Eisenhower warned about with the...
Senators John McCain and Maria Cantwell have introduced legislation which would reinstate Glass-Steagall. The Glass-Steagall act was a law which was introduced after the Great Depression. It separated banks into different types and made...
The Congressional Budget Office released their estimates of what individuals would pay for health insurance under the Senate Bill. I’m sure you’ve seen this reported in the news. It usually has a headline like...