Economy

Who Benefits From Market Speed Bumps? The Exchanges

Since the election, stock prices have risen sharply on hopes that a wave of pro-growth policies under Donald J. Trump will drive up equity prices even further. But Mr. Trump’s administration will soon face a trend that threatens to move the long-term benefits found in stock markets away from investors and toward exchanges. Continue reading …

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Denali II

Well-structured sales tax does more for Alaska than income tax

As Alaska works to balance the state budget, one thing is certain: We will all have less money in our wallets. The scale of our deficit means we are likely to see both PFD reductions and new taxes. While the governor has proposed an income tax, a sales tax may a better alternative for Alaska. …

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Opinion

Occam’s razor can cut Alaska’s budget problems to the bone

My latest from Alaska Dispatch News: As our legislators gather in Juneau to consider Alaska’s budget and how to bridge the billions of dollars of shortfall between state income and spending, there are a few key points I would like them to keep in mind. I have twice listened to presentations on the various budget …

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Macroeconomics

One Reason Our National Economic Policy Stinks

Every year I attend a major economics conference to geek out with and learn from a significant collection of global economists. While just breathing the air at such an event can be inspiring, talking to people often leads to sheer terror about the future of our national and global economy. Last year’s event was no …

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Fiscal Policy

Fiscal Policy Hasn’t Been In Vogue Since 1953

The Other Fiscal Cliff Resides In a Chart While running some queries on Google’s Ngram Viewer, a phrase-usage graphing tool searching over 5.2 million books in Google’s digital library, I came across a rather startling trend. When comparing the use of the terms “monetary policy” and “fiscal policy” I discovered that discussion of fiscal policy …

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Obamacare

A Busload of Silicon Valley Programmers: The Senator John McCain Solution to Obamacare

Is the private sector the solution to a public sector problem? I haven’t been blogging much lately. This is primarily due to the overall heightened state of daily outrage I’ve been walking around in for about the last year and a half. A friend told me this morning that this is a privilege reserved for …

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Obamacare

What Might “Obamacare” and the Healthcare Industry Look Like in 2038?

“Regardless of government healthcare mandates or other regulatory policies, market forces are always at work…Obamacare is a bad idea that may only get worse.” By Holly A. Bell Regardless of government healthcare mandates or other regulatory policies, market forces are always at work and will mold the healthcare market to adjust to the new regulatory …

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unemployment

Configuration Unemployment: Measuring Structural Problems in a Contemporary Economy

“The fact that it has not disappeared from the planet, and could potentially return to countries like the U.S. under the right conditions,makes sector analysis as a measure of structural unemployment look more like the cyclical model” By Holly A. Bell In a recent article, Paul Krugman asked: “Is there any point to economic analysis?”. …

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Opinion

The Bell School of Economics: An Holistic and Interdisciplinary Approach

“I’ll leave labeling the “school” of economics I fall into to others.” By Holly A. Bell When I discuss economic issues people often ask me which “school” of economic thought I subscribe to. This question usually leaves me a bit tongue-tied because my approach to economics doesn’t fit neatly into any specific “school” as they …

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