A tribute to Ben Bernanke, sung to the tune of Rudolph the Red-Nosed Reindeer. University of Chicago professor Anil Kashyap unveiled this Friday at economists’ big annual conference.
The debt limit in simpler times:
P.S. This is a repost from 2011.
Are you suffering fiscal cliff fatigue yet?
I am, but that doesn’t mean I don’t enjoy a good fiscal cliff video. Here are six of the best, some wonky, some wacky.
1. David Wessel, Wall Street Journal: Standing on an actual Potomac cliff
2. Salman Khan, Khan Academy: For beginners
3. The Simpsons: The most popular fiscal cliff video by far
4. Felix Salmon, Reuters: Legos and Clifford the dog (get it?)
5. Merle Hazard: Surfing on the fiscal cliff
And if you will forgive a little self-promotion:
6. Me, Urban Institute and the Tax Policy Center: What happens to taxes?
In real life, economists never get elected president (sorry Larry Kotlikoff), probably with good reason.
In fiction, though, our odds are better. Jed Barlett is one of the most popular presidents ever, and a Nobel Laurate to boot.
And now the Planet Money team is offering up a new, faux candidate for 2012. His six-point plan for getting America going again — built on the suggestions of a diverse group of well-known economists — is five parts tax reform (repeal the mortgage interest deduction, repeal the tax benefit for employer-provided health insurance, eliminate the corporate income tax, institute a carbon tax, tax consumption not saving) and one part marijuana legalization.
Here’s his first campaign ad:
I don’t think President Obama, Governor Romney, or even Governor Johnson have much to fear.
Our buddy Merle Hazard — of “Inflation or Deflation?” and “Bailout” fame — is back with a new, animated version of his surf-music take on the Fiscal Cliff.
P.S. I should get back to real blogging soon.
Remember Merle Hazard? You know, the brains behind “Inflation or Deflation?” and “Bailout”?
Now he’s back with a surf-music take on the looming Fiscal Cliff.
Let’s hope we don’t wipe out.