Economists agree on relatively few topics when it comes to macroeconomics, but we do have some topics that generate something approaching consensus. One topic of general agreement among economists is immigration. Most economist are convinced […]
Read moreAlan Auerbach and William Gale have a paper on future deficits coming out in the National Tax Journal September issue. They start with the Congressional Budget Office (CBO) projections, but point out that the CBO […]
Read moreThe May labor market data are mostly disappointing, with 411 of the 431 thousand job gains due to temporary Census 2010 staff increases. The raw data indicate that April SAAR job growth was 2.7 percent […]
Read moreBrian Caplan has a nice little model on employment markets that really does explain a lot of what we see: In equilibrium, nice employers hire the rich, and mean employers hire the poor. It makes […]
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