Found 43 article(s) for author 'N. Gregory Mankiw'

Let’s Keep the Federal Reserve Great

Let’s Keep the Federal Reserve Great. N. Gregory Mankiw, April 14, 2019, Opinion, “I have a confession to make: I love the Federal Reserve. And I suspect that, in their heart of hearts, most other economists love the Federal Reserve, too. But I fear our love may be in peril. We live in a time when many public institutions seem to be failing us. The White House is in constant turmoil, with extraordinarily high turnover among top staff members. Congress is as polarized as ever, not having done much over the past two years other than pass the mess of the 2017 tax bill. Even the Supreme Court appears less dispassionate and more partisan than it should be.Link

Tags: , ,

The Peril of Taxing Elite Higher Education

The Peril of Taxing Elite Higher Education. N. Gregory Mankiw, December 22, 2017, Opinion, “The tax legislation approved this week by Congress is a mixed bag. It combines some badly needed reforms with various messy provisions seemingly designed to keep accountants and tax lawyers fully employed. But the part of the bill that most disappoints me is a small, simple change in policy: a new tax on large university endowments.Link

Tags: , , , ,

Cut Taxes, Sure. But Remember the Budget Deficit

Cut Taxes, Sure. But Remember the Budget Deficit. N. Gregory Mankiw, June 4, 2017, Opinion, “In the debate about federal tax policy, one question looms large: Should we have a tax cut that increases the budget deficit? President Trump says he wants “a massive tax cut … maybe the biggest tax cut we’ve ever had.” But the Senate majority leader, Mitch McConnell, who is clearly worried about the growing national debt, says tax reform “will have to be revenue-neutral.” The stage is set for another Republican showdown.Link

Tags: , , , ,

A Tax Cut Might Be Nice. But Remember the Deficit

A Tax Cut Might Be Nice. But Remember the Deficit. N. Gregory Mankiw, June 2, 2017, Opinion, “In the debate about federal tax policy, one question looms large: Should we have a tax cut that increases the budget deficit? President Trump says he wants “a massive tax cut … maybe the biggest tax cut we’ve ever had.” But the Senate majority leader, Mitch McConnell, who is clearly worried about the growing national debt, says tax reform “will have to be revenue-neutral.” The stage is set for another Republican showdown.” Link

Tags: , , , ,

How Best to Tax Business

How Best to Tax Business. N. Gregory Mankiw, April 23, 2017, Opinion, “The details of the tax code may not make your heart sing, but they are enormously important and, at long last, they may be changing. In fact, the next 12 months are shaping up to be a critically important time.  Despite an uneven start, tax reform is on the agenda in Congress. And the ideas being considered, especially regarding business taxation, are not mere tweaks to our ossified system. They would profoundly alter how the government raises money and upend the incentives for private decision makers. This is fascinating to tax policy nerds like me. But it is important for everyone to understand.Link

Tags: , , , , , ,

America’s Economy and the Case for Free Markets

America’s Economy and the Case for Free Markets. N. Gregory Mankiw, April 9, 2017, Video, “The Harvard economics professor on the economy and our need for free markets. Click “Show more” to view chapters. For more conversations, visit htttp://conversationswithbillkristol.org Chapter 1 (00:15 – 45:37): The State of the U.S. Economy Chapter 2 (45:37 – 1:06:03): The Case for Free Markets Greg Mankiw is a professor of economics at Harvard University and was chairman of the Council of Economic Advisers under President George W. Bush (2003-2005). In this Conversation, Mankiw analyzes the American economy and shares his perspective on current public policy debates about trade, immigration, technological innovation, jobs, and economic growth. Reflecting on the economic challenges the U.S. faces today, Mankiw makes the case for a robust commitment to free markets—both for the sake of America and for the world.Link

Tags: , , , ,