Economic Policy 
Are we heading for a global recession?(1)
To rather lackluster fanfare in the “public consciousness” yesterday, the Federal Reserve announced that it was holding interest rates flat, and hinted that it may need to raise interest rates in the near future as it is becoming increasingly concerned about inflation. All of this has me wondering - are we heading for global recession?
Inflation [...]
Marginal sins of taxation
Sen. John McCain and Sen. Barack Obama have put forth their tax plans, with specifics falling in line with party ideology. As election season progresses, we’ve also seen an infusion of religion—Obama’s firebrand pastor, McCain’s issues with far right evangelicals and an anti-Clinton priest who would be right at home alongside the fruitcake on your Christmas [...]
Obama’s tax plan is a sham…
Barack Obama told voters yesterday he would push an aggressive economic agenda as president: cutting taxes for the middle class, raising taxes on the wealthy, pouring money into “green energy” and requiring employers to set up retirement saving plans for their workers.
Speaking to about 200 people in Wayne, a Philadelphia suburb, Obama made no new [...]
Eliminating the Gas Tax will not lower gas prices
Washington, D.C. (rightcommentary.com): I am an economist by training, and a policy analyst by choice, so thus it is obvious that I’m ill-qualified to appraise the gas tax debate. As an economist, I understand in great detail how to calculate equilibrium conditions - most importantly what factors determine prices. As a policy analyst, I’m used [...]