Caused by aging baby boomers, expanded criteria and the remnants of the great recession, SSDI entitlement spending is approaching insolvency.
Weekly Roundup: From Raisins to BBQ
Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.
Two Reasons For Moving to Alaska
Creating different incentives, the variety among state taxes includes some with no income tax, others with sales taxes and some with severance taxes.
Weekly Roundup: From Grocery Bags to Soda Bottles
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
A New Way to Rank the Worst Diseases
While death rates are a seemingly easy way to assess healthcare spending, other perspectives like DALYs could be better when we consider the tradeoffs.
Weekly Roundup: From Shopping More to Driving Less
Our everyday economics includes tradeoffs, debt ceiling, fiscal policy, GDP, productivity, entitlements, regulation, autonomous vehicles, and innovation.
The Problem With Hitting the Debt Ceiling Again
With the U.S. hitting a debt ceiling that is equal to the GDP, concern over U.S. spending is growing as the Congress again decides how to avoid a default.
A Surprise in the Federal Budget
Told by the World Court to stop the subsidies paid to cotton farmers that distort prices, the U.S. has settled the case by paying Brazilian cotton farmers.
How Tax Evasion Relates to Porsches
A big part of the shadow economy, the tax evasion in Greece that prevails among the self-employed substantially ups the deficit and distorts fiscal policy.