Marx never made claims about economic theories as science. He pointed out the mechanisms of capitalism and that some of the negative effects of capitalism were inevitable due to the way capitalism ...

Central banks and other policy institutions have a long history of using macroeconomic models to help prepare forecasts and to quantify the economic consequences of various policies. Likewise, private ...

Parker Sheppard was a Research Fellow for The Heritage Foundation’s Center for Data Analysis. The Blueprint’s policies are projected to increase GDP by $5.0 trillion over 10 years and by 6.2 percent ...

We analyze the effects of dividend taxation in a general equilibrium business cycle model with an occasionally-binding investment credit limit. Permanent dividend tax reforms distort capital ...