Supply and Demand (in that order)

Tuesday, June 28, 2022

How Incumbents Capture Price Controls: Example from the U.S. Senate

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U.S. Senators are proposing to put both retail and business-to-business price controls on insulin.  The (intended?) result will that be tha...
Monday, June 27, 2022

The Hidden Increase in Capital Taxation

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The taxation of business income is now increasing significantly, without any action from Congress.  The increase can be understood as two fo...
1 comment:
Thursday, June 16, 2022

Recession Time? Don’t Act Surprised

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Treasury Secretary Yellen does not see any indicator of an imminent recession.   She isn’t looking.  The normal economic tailwinds have cal...
1 comment:
Friday, April 8, 2022

Is the Missing ERP Revealing Bad News about Biden's Health?

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15 USC 1022(a) requires "The President shall annually transmit to the Congress not later than 10 days after the submission of the budg...
1 comment:
Tuesday, April 5, 2022

New Emissions Regulations are Coercive Paternalism, not Environmental Science, or even Benevolent Paternalism

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Trump's CEA showed , based on credit transactions among manufacturers, that vehicle standards to abate a ton of CO2 cost about $163 on ...
Saturday, April 2, 2022

White House Economic Analysis of Ukraine

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The 2019 Economic Report of the President includes the most extensive economic analysis of Ukraine of any President going back at least to ...
Wednesday, March 30, 2022

The Most Tardy ERP in History

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The White House Council of Economic Advisers' Annual Report, a.k.a., Economic Report of the President , has not yet been transmitted to ...
Saturday, November 13, 2021

Social Justice Thrives in Cook County during Tradeoff Holiday

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During this terrible pandemic, a silver lining has been that many inconvenient tradeoffs no longer apply. A Yale study showed that paying ...
Thursday, November 4, 2021

3rd release of Build Back Better: 7 million less employment

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Last night a third release of BBB was shown to the public .  Both in pages and overall economics, it is in between the 1st and 2nd editions....
1 comment:
Thursday, October 28, 2021

Revised Build Back Better: Cliffnotes

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Hidden Work Disincentives I had been tracking 13 types.  Three disappeared from today's revised bill .  The Medicaid expansions appear t...
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Casey B. Mulligan
Chicago, IL, United States
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