Click on the graphic to enlarge.[...]
Large changes in fiscal policy: taxes versus spending
We examine the evidence on episodes of large stances in fiscal policy, both in cases of fiscal stimuli and in that of fiscal adjustments in OECD countries from 1970 to 2007. Fiscal stimuli based upon [...]
Click on the graphic to enlarge.• The bill would mean almost 30 M new people in government-run insurance, more than four times as many as would be newly insured through [...]
If you are an economics graduate student on the job market this year, click here. Everyone else: Never mind. [...] The Dutch government said Friday it wants to introduce a "green" road tax by the kilometre from 2012 aimed at cutting carbon dioxide emissions by 10 percent and halving congestion.
"Each vehicle will be" [...]
Chapter 20 of my favorite textbook has a section on antipoverty programs and work incentives. One basic point is that when multiple income-based programs are piled on top on one another, the implicit marginal tax rate can reach or even exceed 100 percent.
A student emailed me today looking for additional practice problems to help him prepare for tests in his introductory economics course. Where did I send him? To the Study Guide prepared by David Hakes to accompany my favorite textbook. [...] 
My favorite introductory economics textbook comes in many variants. For American students, there are five versions, each with a different subset of chapters, so every instructor can find one that best suits his or her course. Students abroad can use one of these or choose [...] 
How to create or save 9 jobs for $889,
Here is my column in tomorrow's NY Times about the marginal tax rates implicit in the health reform bill making its ways through Congress. Let me add a few additional observations on the topic.
A fun story from NPR about how monkeys value skills, as long as those skills are in scarce supply.
I have previously alerted readers to the rap version of Ten Principles of Economics. If you liked that, you might enjoy this as well. [...] 
The possibility of including a public plan in the health reform bill is on the table again. Here are a few viewpoints on the topic: Robert Samuelson, Paul Krugman, Richard Thaler, and me. [...] China Set to Impose New Tariffs on Nylon
China's Ministry of Commerce has made a preliminary ruling to impose tariffs of as much as 36% on certain nylon [...]
Tyler Cowen cites this research finding: "Our estimates imply that every death of a helmetless motorcyclist prevents or delays as many as 0.33 deaths among individuals on organ transplant waiting lists."
This year's Nobel Prize in Economics goes to Elinor Ostrom and Oliver Williamson.
In light of the increased discussion about a tax credit for new hiring, this old article by Emil Sunley about the Carter-era New Jobs Tax Credit is worth a read. [...] 
The multiplier estimates above are from new research by Ethan Ilzetzki, Enrique G. Mendoza, and Carlos A. Vegh. They imply that the effects of fiscal policy depend crucially on whether the exchange rate is fixed or floating (flex), precisely as predicted by the Mundell-Fleming model. [...] 
Recommended: The Cartoon Introduction to EconomicsTo Outfox the Chicken Tax, Ford Strips Its Own Vans
BALTIMORE -- Several times a month, Transit Connect vans from a Ford Motor Co. factory in Turkey roll off a ship here shiny and new, rear side windows gleaming, back seats [...]
Think you know who will win the Nobel Prize in Economics? Willing to put your money where your mouth is? Then click here.
Click here to read my column in tomorrow's NY Times.
...seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." -- Adam Smith
First, Saturday Night Live:
Click 
Click 
