Fiscal Policy
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My Disagreement with John Tamny on SALT Deductions
Lower taxes are a good thing — unless they just shift the cost from overspenders onto taxpayers in the future.
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DC’s GENIUS Plan: Use Stablecoins to Soak Up Its Own Debt
The GENIUS Act requires that stablecoin issuers hold their assets in cash, short-term US Treasury securities, or as balances at the Fed. That increased demand for debt will keep borrowing costs down.
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Ontario’s Proposed Special Economic Zones Underscore Regulatory Harm Everywhere Else
Relaxing regulations in just a few places is a kind of favoritism. Why not extend the benefits to the whole province?
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The Real Debt Threat: Government Spending, Not Tax Cuts
Washington’s dismal fiscal situation is driven by out-of-control government. Spending, Congress and Larry Summers, is what keeps the debt mounting.
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The Persistence of Benefit Cliffs: A Behavioral Look at a Policy Problem
As long as benefit cliffs are treated primarily as a math problem, we will continue to miss the mark. Benefit cliffs are not just technical design flaws — they are psychological traps.
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Trump’s ‘Art of the Deal’ Politics Undermine America’s Future
As an erratic ‘first mover,’ Trump’s negotiation style destabilizes the nation. Game theory and public choice explain the global stakes of his individual recklessness.
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The Resurgence of Do It Yourself Economics
Many national fiscal policies are steeped in lore and dogma, immune to the reasoned objections of actual economists.
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Xi Jinping Braces For Struggle
China’s strongman leader is purging his advisors again, looking politically insecure amid demographic and economic decline.
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US Trade Policy is a Humanitarian and Geopolitical Disaster
Trump’s tariffs killed the US’s soft power, leaving a geopolitical vacuum into which US rivals like China will expand.
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DOGE’s Waste Hunt Can’t Fix Social Security — But It’s Fixable
Uncovering waste and fraud is important, but it won’t close the Social Security budget gap. Simple reforms could go much further.
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•
My Disagreement with John Tamny on SALT Deductions
Lower taxes are a good thing — unless they just shift the cost from overspenders onto taxpayers in the future.
-
•
DC’s GENIUS Plan: Use Stablecoins to Soak Up Its Own Debt
The GENIUS Act requires that stablecoin issuers hold their assets in cash, short-term US Treasury securities, or as balances at the Fed. That increased demand for debt will keep borrowing costs down.
-
•
Ontario’s Proposed Special Economic Zones Underscore Regulatory Harm Everywhere Else
Relaxing regulations in just a few places is a kind of favoritism. Why not extend the benefits to the whole province?
-
•
The Real Debt Threat: Government Spending, Not Tax Cuts
Washington’s dismal fiscal situation is driven by out-of-control government. Spending, Congress and Larry Summers, is what keeps the debt mounting.
-
•
The Persistence of Benefit Cliffs: A Behavioral Look at a Policy Problem
As long as benefit cliffs are treated primarily as a math problem, we will continue to miss the mark. Benefit cliffs are not just technical design flaws — they are psychological traps.
-
•
Trump’s ‘Art of the Deal’ Politics Undermine America’s Future
As an erratic ‘first mover,’ Trump’s negotiation style destabilizes the nation. Game theory and public choice explain the global stakes of his individual recklessness.
-
•
The Resurgence of Do It Yourself Economics
Many national fiscal policies are steeped in lore and dogma, immune to the reasoned objections of actual economists.
-
•
Xi Jinping Braces For Struggle
China’s strongman leader is purging his advisors again, looking politically insecure amid demographic and economic decline.
-
•
US Trade Policy is a Humanitarian and Geopolitical Disaster
Trump’s tariffs killed the US’s soft power, leaving a geopolitical vacuum into which US rivals like China will expand.
-
•
DOGE’s Waste Hunt Can’t Fix Social Security — But It’s Fixable
Uncovering waste and fraud is important, but it won’t close the Social Security budget gap. Simple reforms could go much further.