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gregmankiw.blogspot.com - 10/26/2008

My Personal Work Incentives

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Here is a question that you may have been thinking about: How do the different candidates' tax plans affect Greg Mankiw's incentive to work? Okay, you probably haven't been thinking about this. But I have, because, after all, I am Greg Mankiw. And if you are here reading my blog, maybe you have ...

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journalism.org - 10/27/2008

Winning the Media Campaign | Project for Excellence in Journalism (PEJ)

— journalism.org — How the Press Reported the 2008 General Election The media coverage of the race for president has... not so much cast Barack Obama in a favorable light as it has portrayed John McCain in a substantially negative one, according to a new study of the media ... (more) Winning the Media Campaign | Project for Excellence in ...

Government

John McCain

Barack Obama

Comments vote downundo vote up SCSUScholars found this 10/27/2008found this

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masteryourcard.com - 10/31/2008

Carnival of Personal Finance - Financial Armageddon Edition!

— masteryourcard.com — Pop quiz - You know things are bad when the current financial crisis: a) Has its own... Wikipedia entry b) Causes the Dow Jones to fall by nearly 50% in a single year c) Necessitates several ‘bailout’ packages that have now ballooned to well over $3 ... (more) Carnival of Personal Finance - Financial Armageddon Edition!

Government

Wikipedia

Comments vote downundo vote up Free Money Finance found this 10/31/2008found this

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econospeak.blogspot.com - 10/31/2008

Holtz-Eakin on the Latest GDP News Release

— econospeak.blogspot.com — BEA released its advance estimate of how real GDP fared during the third quarter of 2008 and... it would seem real GDP fell a bit: The decrease in real GDP in the third quarter primarily reflected negative contributions from personal consumption ... (more) Holtz-Eakin on the Latest GDP News Release

Government

Gross Domestic Product

Barack Obama

John McCain

Comments vote downundo vote up Economist's View found this 10/31/2008found this

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Ins and Outs of the Job Structure
Lawrance G. Lux — ... Everyone has to read this Post from Greg Mankiw. He is one of the finest Economists in the Country, and I just love it when he turns to individual issues; always an expression of debatable constraints which can be humorous. His analysis works out that the Marginal Dollar he earns Today will net him $4.81 after 35 years under the McCain Tax plan, or $1.85 after 35 years under the Obama Tax plan. I am not doubting any element of what he defined. Certain qualifications should be mentioned about the analysis: the Marginal Dollar Greg assumes has no permanent relationship to his ...

Obama will make Greg Mankiw a better father??
Kids Prefer Cheese — It's true people, the G-man says so himself in this post (where amazingly he refers to himself as being upper-middle class): "If you are one of those people out there trying to induce me to do some work for you, there is a good chance I will turn you down. And the likelihood will go up after President Obama puts his tax plan in place. I expect to spend more time playing with my kids. They will be poorer when they grow up, but perhaps they will have a few more happy memories." Vote for Obama, people. Think of the children.

Government Conspiracy to Silence Mankiw
EconLog: Library of Economics and Liberty — Mankiw calculates that McCain's tax plan slashes his return to work by 83%. Obama's plan slashes his return to work by 93%. Doesn't anyone in politics want Greg to keep working? The funny thing about his post is that it probably inspired some people to root for higher taxes. I bet ...

Monday's Daily News
Club for Growth — THE DAILY NEWS The Age of Prosperity is Over - Arthur Laffer, Wall Street Journal We Need Reagan + Friedman + Keynes - Larry Kudlow, RCM The Europeanization of America - Pete du Pont, Wall Street Journal Freedom of Choice in Health Care - George Will, Townhall.com My Personal Work Incentives - Greg Mankiw, Mankiw's Blog Rich Farmers Harvesting Cash With Farm Subsidies - Mark Perry, Carpe Diem Renegotiating FTAs: Fixing What Isn't ...

Mankiw's Incentives
Angry Bear — ... I know this has received comment here at Angry Bear a few weeks back (sorry - I'm in too much of a hurry to find the link right now) but a post by Greg Mankiw looking at his own incentive structure under the proposed Obama and McCain tax systems sticks in my craw. He writes: ...

Election Story Interlude
Angry Bear — ... *In fairness to Mankiw, he knows his numbers are b.s. The giveaway: "In a sense, putting the various pieces of the tax system together, I would be facing a marginal tax rate of 93 percent. [italics mine]" Not to mention the corporate tax free finesse, and the assumption that r=0.10, but lets sidebar those.

Saving and taxes
macroblog — ... I hope you will excuse me for trading in a bit of old news, but I’ve been thinking about a post by Greg Mankiw from last week. Titled “My Personal Work Incentives,” the item takes ...

"A Missed Opportunity on Climate Change"
Economist's View — ... for me, I hope the president refuses to sign a bill that fails to auction most of the allowances..., sometimes good is not good enough" which, given his categorization of those supporting and opposing the bill, I interpret to mean that he is more worried about distortions from taxes than he is about global warming. (I assume his objection is based upon aggregate distortions from taxes, but he does worry a lot about his own tax rate and how it might affect his behavior. He has said in the past that if taxes go up, he might have to spend more time playing with his kids ...