Plain Sense Economics

In both my principles of micro course and my freshman seminar we have been discussing the appropriate role of government in our economy. Stephen Dubner and Steven Levitt of Freakonomics fame, contributed an article in the New York Times Sunday Magazine today – on unintended consequences.
When the Federal government imposes a luxury tax, intended to [...]

This segment on NPR highlights the discussions taking place in Washington as the prospects for a recession increase. Reporter Jim Zarolli describes a panel discussion among notable economists and policy experts, including Harvard’s Martin Feldstein, and past Treasury Secretary Robert Rubin – on the topic of using fiscal policy to stimulate the economy.
As a quick [...]