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    Economics, Politics / corporate taxes, Goldman Sachs, government spending, growth, Republicans, tax cuts, tax reform, Trump /

    That’s a Tax Plan?

    April 27, 2017

    Well, no, it isn’t. It’s a draft of a sketch of an outline of a synopsis of what a tax plan might look like were it designed exclusively to serve the interests of the drafter/sketcher/outliner. With great fanfare and pomp the White House rolled out its “huge”tax plan. As predicted it is not a plan, it […]

    Economics / complexity, economic theory /

    Complex Simplicity

    April 25, 2017

    Simplification, in the context of an economy, is the eradication of all things of interest. This does not mean that studying an economy is thus doomed to be a pointless recitation of history as it unfolds. It is, rather, the recognition that as an economy moves through time it is never, to paraphrase Heraclitus, possible […]

    Politics / Federal Budget, fiscal policy, Republicans, tax policy, tax reform /

    Tax Reform, Relief, Whatever

    April 24, 2017

    Moving on, White House style, we are now confronting the prospect of tax reform. I suppose that those of us who cringe whenever we hear a Republican use the phrase “tax reform” ought take some comfort from the obvious disarray in right wing policy circles. Tax reform is already looking like a re-run of health care […]

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