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No one calls the home mortgage deduction an "individual mandate" to buy a home, so why should Obama's "mandate" to obtain health care under the Affordable Care Act (ACA) be unconstitutional, asks Edward Song of The Song Law PC.
Persistent link: https://www.econbiz.de/10014591784
The economy often moves in large jumps. For example, bank runs can quickly cause an economy to suddenly drop into a deep recession. In this paper, bank approval of loans to a genius entrepreneur may cause an economy to jump to a higher income level or growth rate. In a simple model, this implies...
Persistent link: https://www.econbiz.de/10011110616
I start with income and wealth inequality data from the Congressional Budget Office (CBO) and Thomas Piketty, and propose approaches taken from science (for example, behavioral evolution theory,) that might be useful in explaining the data and forecasting future economic events. Using a modified...
Persistent link: https://www.econbiz.de/10011115496