Greg Mankiw’s new post on his personal work incentives is required reading for anyone who wants to discuss taxes in this election cycle. The idea is simple: our tax system uses marginal rates, meaning one rate applies to the first dollar earned and different rates kick in at different thresholds. (That is, unless you’re so […]
Greg Mankiw’s Work Incentives Read More »
As a math major, law school grad, and economic policy wonk, I’m not sure which aspect of this stupidity by the New York Times horrifies me most. Is it: that people think we do tax at those rates, that some people think we should, that no editor caught the logical flaws before publication, or that
Journalism =/= Mathematics Read More »
Economics professor Greg Mankiw shares some interesting thoughts, citing Paul Krugman, on why Bush’s tax cuts may result in smaller government in the next administration than we would get otherwise. This is likely true, no matter which candidate wins. Krugman, however, calls this a “poison pill,” a way of sabotaging a takeover or transfer of
I’m officially “getting old”™, as certified by the Younger Sisters’ Institute for Sibling Harrassment®. A quarter century has come and gone… What have I learned? Ten observations, for starters: The Bible has the Truth the earth has too great a rotational speed (think about that one) kids have the best sense of humor Georgia has
Well, today was long and frustrating… I have spent at least 20 hours of Campus Crusade’s time over the last week trying to get in touch with a system administrator for Bellsouth’s mail servers, but without any luck. Between customer service reps who don’t care, those who blatantly refuse to help me, and the vast
Bellsouth, DTS, etc. Read More »