Global EconomyBusiness Cycles
Creative design of statistics cannot solve the persistent crisis. The core of the problem lies in a misguided economic policy that zombifies the Japanese economy and thus undermines prosperity.
Bureaucracy and RegulationTaxes and SpendingU.S. History
Government policy encourages homeless people to congregate in public areas twice over: first, cities destroy access to very-low-cost housing. Second, city governments often refuse to enforce their own rules of public-space use. Tent cities result.
Expect a "wealth tax" to be a popular idea during the Democratic debates, but it's really a tax on the creation of new wealth.
Economics at Harvard is changing for the worst.
The EnvironmentTaxes and SpendingInterventionism
To borrow a line from Al Gore, this strikes me as a “risky scheme.”