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Laurence Kotlikoff argues that it is high time the U.S. gets its fiscal house in order, and he tells us exactly how with three big ideas.
Persistent link: https://www.econbiz.de/10005046703
Laurence Kotlikoff gives the current tax system a D, the President's Tax Reform Panel proposal a B+ and explains what his A+ tax system would look like.
Persistent link: https://www.econbiz.de/10005752692
Laurence Kotlikoff presents a humorous take on Lawrence Summers' alleged suggestion that economists are smarter than sociologists.
Persistent link: https://www.econbiz.de/10005752710
Laurence Kotlikoff argues that the official United States deficit does not look too terrible, but it is a terrible measure of the government's economic health: The truth is a $70 trillion long run imbalance that is growing at $2 trillion per year.
Persistent link: https://www.econbiz.de/10005585236
This paper explains how "pension reform," as it has been practiced in Chile and elsewhere, may simply constitute a relabeling of existing fiscal institutions that end up imposing high investment and insurance fees on workers.
Persistent link: https://www.econbiz.de/10005585250