There has been an intellectual revolution around recognizing feedback effects of tax policies, and we need the same for expenditure policies. Thrilled to see @The_Budget_Lab @NatashaRSarin @dannyyagan @marthagimbel launch to do this important work.
There has been an intellectual revolution around recognizing feedback effects of tax policies, and we need the same for expenditure policies. Thrilled to see @The_Budget_Lab @NatashaRSarin @dannyyagan @marthagimbel launch to do this important work.
@LHSummers @The_Budget_Lab @NatashaRSarin @dannyyagan @marthagimbel One data point: “In CBO’s assessment, based on its analyses and a review of relevant research, the average rate of return from federal investment spending on physical capital, education and training, and R&D is lower than that from private investment.” cbo.gov/publication/57…
@LHSummers @The_Budget_Lab @NatashaRSarin @dannyyagan @marthagimbel "Epstein also donated millions of dollars to Harvard during Summers’ tenure as University president from 2001 to 2006... Even after Harvard stopped accepting donations from Epstein following his guilty plea in 2008, he and Summers continued to meet"