Current Events

Fascinating CBO Brief

This morning I noticed that Greg Mankiw had posted a link on his blog to an issue summary from the Congressional Budget Office (CBO) that was published four days ago. It can be found here. The report is entitled “Federal Debt and the Risk of a Fiscal Crisis.” If you…

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A Moral Failure

I’ve already written about the economic and environmental costs of failing to deal with climate change. Both phenomena are well understood and the forecast grows increasingly disheartening. However, there’s a third story, a moral one. I’m not talking about the morality of increased incidence of famine, drought, and disease; those…

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