US Federal Reserve

April 13, 2015

Just Render Unto Caesar Already: The IRS and Frivolous Tax Arguments

In an attempt to trap Jesus, some Pharisees and Herodians asked him, “Is it lawful to pay taxes to Caesar, or not? Should we pay them, or should we not?” In response, Jesus said, “Why put me to the test? Continue Reading...

April 15, 2014

Just Render Unto Caesar Already: The IRS and Frivolous Tax Arguments

September 12, 2013

Was the Sequester ‘Expansionary Austerity’?

Over at Neighborhood Effects, James Broughel asks the question, “Has the Sequester Hurt the Economy?” So have the sequester cuts hurt the economy? One possible answer comes from a new paper by Scott Sumner of Bentley University. Continue Reading...

October 24, 2011

Vatican Economic Analysis Incomplete, Says Gregg

Acton’s director of research Samuel Gregg has provided his reasoned take on the new document from the Pontifical Council for Justice and Peace — it’s up at The Corner. While its diagnosis of the world economy is fairly accurate, the council’s treatment plan is lacking in prudential analysis. Continue Reading...

September 01, 2011

How to Deliver a Recession: Cut Brake Lines, Accelerate Toward Cliff

Economic historian Brian Domitrovic has an interesting post up at his Forbes blog, Past & Present, on the proximate causes of the 2008 meltdown. According to Domitrovic, uncoordinated, even “weird” fiscal and budgetary policy in the early 2000s kept investors on the sidelines, and then flooded the system with easy money. Continue Reading...

July 12, 2011

Editorial: Intergenerational Ethics and Economics

My editorial, “Intergenerational Ethics and Economics,” appears in the latest issue of the Journal of Markets & Morality (more details about that issue here). In this short piece I explore some of the implications and intergenerational consequences of public debt. Continue Reading...