6 June 2018 As a reminder that populist sentiment in Europe has not disappeared, Italy's March election has finally produced an anti-establishment coalition between the Lega and the Five Star Movement (M5S), which appears willing to at least consider leaving the European Union as a remedy for the nation's economic ills. On one level this [...]
Category: Productivity
US Tax Reform: Panacea or a Risk too Far?
2 December 2017 In a swanky Washington restaurant in 1974, economist Arthur Laffer presented Dick Cheney and Donald Rumsfeld (future VP and US Secretary of Defence) a doodle on the back of a napkin. What appeared was a diagram of the now infamous “Laffer Curve”. The graph depicts the relationship between tax rates and tax [...]
Robots, Jobs & Productivity
IFR_The_Impact_of_Robots_on_Employment Insightful study of the impact of robots on jobs, productivity, and economic growth.
The Productivity Debate: PIIE Upbeat Assessment
Peterson IIE US Productivity A fine upbeat assessment of the literature on this important topic,