Billions of dollars of pandemic rescue money was added to state revenue dollars that varied in size and source from place to place.
What Can We Learn From Japan?
Looking back at the Japanese economy and ahead at the United States, we can ask if we will have similar fiscal and monetary results.
Apples, Oranges, and the Global Covid-19 Fiscal Response
Trying to compare the incomparable, we sometimes say it’s like apples and oranges because they are so different. It turns out that they aren’t that different but they’re not really similar either: The same is true for the Covid-19…
Six Facts That We Need to Know About the Federal Debt
Hearing about a multi-trillion dollar stimulus package, we should also know six handy facts about what will happen to the federal debt.
What Would John Maynard Keynes Have Said About Stimulus Spending?
To the Great Depression and the Great Recession, we can now add coronavirus stimulus spending as examples of John Maynard Keynes’s philosophy.
How Laissez-Faire Countries Tax and Spend
What we tax and how we spend send a message. So today, let’s look at what countries with more economic freedom tell us through their fiscal policy. Laissez-Faire Countries I’ve selected laissez-faire countries from the list created by the Index…
The Mystery of the Missing Money
Starting with Madonna’s unclaimed money and forgotten savings bonds, we wind up with a map that ranks state fiscal health.