Policy Shop: Shadow Stats and Tom Coburn’s Inflation Fantasies

New post at Policy Shop. Excerpt: One point missed in the debunkings so far is that the source Tom Coburn is almost certainly using, shadowstats.com, is total nonsense. The basic thrust of Coburn’s and Ron Paul’s inflation conspiracy theory is that the government has changed the way it measures inflation over time to intentionally generate… Continue reading Policy Shop: Shadow Stats and Tom Coburn’s Inflation Fantasies

Policy Shop: Transferring Cash to Poor People at the Local Level

New post at Policy Shop. Excerpt: The real fascinating case, then, is the Montgomery County EITC. Because most local governments do not have their own income tax, a local EITC program seems impractical. But Montgomery County has gotten around this problem by piggybacking off of Maryland’s state EITC program. When a Montgomery County resident receives… Continue reading Policy Shop: Transferring Cash to Poor People at the Local Level

On process and scarcity

Occasionally I’ve weighed in here on the process versus substance debate, generally on the side of substance. My partiality towards substance is not based simply on some assessment that it is more important than process. It’s more that, after years of effort trying to work on theories of process, it became clear that process was… Continue reading On process and scarcity