CERF Blog

Famous economist Arthur Laffer has a piece in the Wall Street Journal today where he argues two points: unemployment insurance causes unemployment even in bad times and unemployment insurance is not stimulus. I’ll stipulate his second point, but his first point is all wrong. The data make it pretty clear that unemployment insurance increases unemployment… Read more

I’ve seen lots of proposals on how to accelerate our economic recovery, but I haven’t seen any investment tax credit proposals. Maybe there are some out there, but I haven’t seen them. The idea has merit, and now might be a good time to implement it. Business investment has been extraordinarily weak for a long… Read more