BTIG’s Dan Greenhaus has a great take on the third of Shinzo Abe’s three arrows: pro-growth, supple-side structural reforms. He points to Abe’s decision to participate in the Trans-Pacific Partnership as a positive sign. Abe also recognizes the need to increase … read more
According to US Senate investigators, Apple paid no corporate income tax to any national government on $74 billion in overseas income from foreign units over the past four years. Two key points: First, investigators found no evidence Apple did anything illegal. … read more
Cities are good for economic growth. Higher density means higher worker productivity. As Ryan Avent writes in The Gated City, “Density simply facilitates interaction. Interactions translate into wealth when a population is educated and local institutions support private enterprise and … read more
Roughly one out of every four children in the US does not have a computer with Internet access at home. At first take, you might assume those kids are operating at a big disadvantage. Not so, say academics Robert Fairlie … read more
In my weekly National Review column out today, I wrote about the really great commencement speech Fed Chairman Ben Bernanke gave over the weekend at Bard College at Simon’s Rock. It was a gentle counter to the much-discussed “new normal” stagnationist arguments … read more
Also of Interest
Bernanke’s much-needed optimism
It’s hardly an encouraging sign of a nation’s economic vitality when its most optimistic policymakers are its central bankers.
The IRS and big government
The expanding Internal Revenue Service scandal could hardly be any more Drudgeriffic.
Ferguson's blooper on Keynes
It was an unusually feisty weekend in corners of the blogosphere and Twitterverse where dwell economists and economic-policy wonks.