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Determining Benefits and Costs for Future Generations
Future Generations return on investment
2015/9/18
The investment approach
says that, as long as the rate
of return to investment is
positive, we need to invest less than a dollar today to obtain a dollar of benefi ts in the
future. Under the inve...
Positive and Normative Judgments Implicit in U.S. Tax Policy,and the Costs of Unequal Growth and Recessions
Equality and Inequality Taxation Policy Welfare or Wellbeing Public Administration Industry United States
2015/4/29
Calculating the welfare implications of changes to economic policy or shocks to the economy requires economists to decide on a normative criterion. One way to make that decision is to elicit the relev...