Goldman Sachs cuts GDP forecast because of stress on small banks

Photo illustration, the Silicon Valley Bank logo is visible on a smartphone, with the stock market index in the background on the personal computer on March 14, 2023, in Rome, Italy. Andrea Ronchini | Nurphoto | Getty Images Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- […]

Taxes, Tax Cuts, and Economic Growth

As economists will tell you, the world runs on incentives. Human beings act rationally by making choices that have the greatest perceived value given all available outcomes. The history of tax law in America exemplifies this point. In the book Taxes Have Consequences: An Income Tax History of the United States, the well-known economist Arthur […]