Author Archive for Elise Amyx

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The Number One Failure of Modern Economics

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by on Aug 09, 2011 in Featured, The Economy
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  In a recent Reuters opinion column, Mark Thoma faults academic economists for their failure to predict the housing crash. He says their failure can be attributed to the disconnect between academia and economic forecasters. I don’t agree with Thoma, but I do think he gets it right when he says the failure of modern […]

Fertile Ground for Farm Subsidy Cuts
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Fertile Ground for Farm Subsidy Cuts

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by on Aug 05, 2011 in Featured, The Economy
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With […] a growing consensus that federal spending at current levels is unsustainable, political support for farm subsidies is waning fast. What’s more, high crop prices and clear injustices are building bipartisan support for significantly cutting agricultural subsidies in the 2012 Farm Bill. The New Deal introduced an enormous number of agriculture subsidy programs paved with good […]