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Sunday, January 28, 2018

A Note on Deficits and Economic Stability

Forecasting is the most thankless endeavor an economist can get involved in. Well, not from an earnings viewpoint: if you want to make big money as an economist, do quantitative forecasting for a living. Businesses, universities and research institutes invest heavily in quantitative models and top talents to put them to good use.

Sunday, January 14, 2018

Egalitarianism at Work in America

In my latest book, The Rise of Big Government: How Egalitarianism Conquered America (Routledge), I show how the American welfare state as we know it today is the offspring of the same ideology that formed the radical Swedish welfare state. In both countries, government is in the welfare-state business not to alleviate poverty, but to redistribute income.

Saturday, January 6, 2018