I really enjoyed Chapter 7 of Poor Economics. This chapter asked the question why don’t more people lend to the poor and discussed the economics of microfinance. Banerjee and Duflo’s use of statistics at the beginning of the chapter regarding the extremely high interest rates faced by the poor immediately grabs the reader’s attention because that statistic […]

One recent article in the news that pertains to my topic was an OpEd by David Leonhardt in the New York Times. This article frames my research question in current political terms. It mentions how the tax increases of George H.W. Bush and Clinton were correlated with increased econmic growth during that period, while the […]

One of the major papers I am using as a source in my research paper, is a paper by Christina and David Romer entitled “The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks”. This paper looks at the macroeconomic impact of tax changes. The authors separate and distinguish different […]

Barbarians at the Gate is a 1993 movie about the leveraged buyout of RJR Nabisco, that sheds an interesting light on the wheelings and dealings of corporate America. While the movie itself portrays a very compelling plot and cast of characters, I think one of the most interesting things I got out of the movie […]

  I. Introduction             In today’s intense political climate, arguments over tax and fiscal policy plague politicians and economists everywhere. Academics have always tried to answer whether higher or lower taxes are more beneficial to economic growth. Central to this debate is the issue of the distribution of the tax burden across different income levels. […]

One of the most striking facts in Chapter 4 of Poor Economics, by Banerjee and Duflo, was the information regarding very high child absentee rates in schools. When people think of education in developing countries, most people assume that there are not enough schools and teachers, and once those are provided, kids will attend school […]

For my Quantitative Methods research paper, I wanted to investigate the relationship between top marginal tax rates and overall GDP growth. I believe that this is an extremely important and popular topic today, especially in the upcoming election. In this election, tax rates are a huge point of debate since we are still trying to […]