US consumer sentiment weakened in early October, with the University of Michigan’s preliminary index falling to 46.3 from September’s 48.1. Its measure of current economic conditions dropped more sharply. Ahead of November’s midterm elections, those findings suggest that household financial […]
Economics Needs Political Support
You can make quite a resounding case for a Pigovian tax if you study economics. This is a tax that gets people to pay the full social cost of the good, and not just the private cost. This principle of […]