Author Archive
Sunday, February 17th, 2008
What’s Wrong With The “FairTax”?
It’s the name. Like so many things in economics a name is used for effect or response rather than understanding. The “FairTax” is nothing more than a tax on consumption. In other words this is a sales tax. So the debate is not one of fair or not fair, it’s about allocation and distribution. A […]
25574 Comments » - Posted in Uncategorized by Prof Michael Peterson
Thursday, January 31st, 2008
It’s The Economy Stupid - What has changed?
“It’s the economy stupid” is on my mind right now. Those words were made famous in a presidential debate not that many years ago, and an election was essentially one on the issue. Here we are again. We are in an “economic mess” as some would say. What didn’t we learn or do to […]
375 Comments » - Posted in Uncategorized by Prof Michael Peterson
Thursday, January 10th, 2008
Economic Matters…or Does Economics Matter?
We are in an “election season” now and the language of economics falls consistently from the lips of any politician vying to be your next leader. In recent days all the politicians have jumped on the “change bandwagon” as a result of Senator Obama’s surprising win in the Iowa caucuses. If change is the new […]