Hopes and Fears for 2021

Hopes and Fears for 2021

Yesterday was my review of the best and worst policy developments in 2020. Today, I’ll share my hopes and fears for 2021. These are not predictions (economists have a terrible track record when try to make forecasts). Instead, these are merely good and bad things that...
Is Japan a Role Model for the United States?

Is Japan a Role Model for the United States?

Japan is an interesting country to examine if you want insights about public policy. We can study the impact of population aging on fiscal outcomes. We can learn about the utter failure of Keynesian economics. We can understand why it’s a very bad idea to impose a...