Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of … - Bob Frank

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There hasn't been a leak from one of the associates of the king saying, "This guy Trump, he already insulted us wanting ketchup with his steak, and then he wanted two scoops of ice cream on the falafel. It's not done. This guy's an absolute barbarian. " And there hasn't been a leak from an associate of King Salman telling somebody in the Drive-By Media that Donald Trump looked at his son, the prince, and said, "Man, I hope you live a long time 'cause your son's a nut job. " We haven't had leaks like this about the Trump foreign trip.

Bob Frank

Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that happened in 1929 and 2008.

Demand, Depression, Financial, Great Depression, Severe, Tend

Same Author Quotes

As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw that in many other cases, interests at the two levels are squarely in conflict, and that in those cases, individual interests generally trump. That simple observation suggests that market failure is often the result not of insufficient competition (the traditional charge from social critics on the Left), but of the very logic of competition itself.

Critics, Darwin, Interests, Invisible Hand, Simple, Two

In the long run, greater investment would mean greater productivity and income growth.

Growth, Investment, Long, Mean, Run, Running

A flat tax is roughly the same as a sales tax.

Flat Tax, Flats, Roughly, Sales, Same, Taxes

The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families who are pursuing the same goal. And that's become dramatically more expensive because of the growth in median house size, which was in turn caused by higher spending at the top.

Average, Children, Half, Pursuing, Quality, School

Virtually all families in the middle of the earnings distribution aspire to send their children to a school of at least average quality. (We'd think ill of any parent whose aspirations were lower. ) The rub is that the best schools tend to be located in more expensive neighborhoods.

Children, Expensive, Parent, Quality, School, Thinking